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The latest update is out from Axelspace Holdings Corp. ( (JP:402A) ).
Axelspace Holdings has approved a new capital expenditure plan to manufacture two additional high-resolution satellites for the AxelGlobe Earth observation constellation operated by its subsidiary Axelspace Corporation, aiming to enhance imaging frequency and global coverage as it works toward a medium-term target of operating 14 microsatellites, including three high-resolution units, by the fiscal year ending May 2028. The investment, totaling approximately ¥3.5 billion between the fiscal years ending May 2027 and May 2029 and financed through internal funds and borrowings, is slated to begin in January 2026 with completion expected by December 2028; the company currently expects only a limited impact on its earnings forecast for the fiscal year ending May 2026, with more detailed guidance on subsequent years to be provided alongside full-year results in mid-July 2026.
More about Axelspace Holdings Corp.
Axelspace Holdings Corporation is a Tokyo Stock Exchange Growth Market-listed space technology company that operates through its subsidiary Axelspace Corporation in two main segments: AxelLiner, which develops and operates microsatellite projects for external customers, and AxelGlobe, which runs an owned-and-operated optical Earth observation satellite constellation. The AxelGlobe business generates revenue by selling satellite imagery and providing value-added services that process and analyze this data into information solutions for clients requiring high-frequency, wide-coverage Earth observation.
Average Trading Volume: 2,506,279
Technical Sentiment Signal: Strong Sell
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