tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Axelspace Secures Multi-Launch Deal With Exolaunch, Locking In 13 Satellite Missions

Story Highlights
  • Axelspace has signed a multi-launch agreement with Exolaunch to secure eight satellite launches, including one for its AxelLiner Laboratory in-orbit demonstration service.
  • The agreement boosts Axelspace’s access to flexible global launch options, raising total secured launches to 13 satellites, with limited expected impact on near-term financial forecasts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Axelspace Secures Multi-Launch Deal With Exolaunch, Locking In 13 Satellite Missions

Claim 50% Off TipRanks Premium

An announcement from Axelspace Holdings Corp. ( (JP:402A) ) is now available.

Axelspace Holdings Corporation announced that its subsidiary Axelspace Corporation has signed a multi-launch agreement with German launch integrator Exolaunch GmbH, securing launch services for eight satellites, including one dedicated to the AxelLiner Laboratory in-orbit demonstration service. The deal strengthens Axelspace’s ability to secure flexible launch opportunities amid rising global demand for satellite launches, bringing its total secured launches to 13 satellites and enhancing operational reliability and capacity without materially changing its current financial forecast, while formalizing a non-related-party, purely commercial relationship with Exolaunch through a contract running until August 31, 2027.

More about Axelspace Holdings Corp.

Axelspace Holdings Corporation, listed on the Tokyo Stock Exchange Growth Market, operates in the space and satellite industry through its consolidated subsidiary Axelspace Corporation. The group focuses on small satellite development and related services, including its AxelLiner business, which offers in-orbit demonstration services for customers seeking flexible and timely access to space.

Average Trading Volume: 2,623,353

For an in-depth examination of 402A stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1