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ispace Identifies Cause of Mission 2 Lander Failure and Plans Enhancements

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ispace Identifies Cause of Mission 2 Lander Failure and Plans Enhancements

Elevate Your Investing Strategy:

ispace,inc. ( (JP:9348) ) has issued an announcement.

ispace, inc. announced the completion of a technical analysis regarding the hard landing of its RESILIENCE lander during Mission 2, identifying a hardware failure in the Laser Range Finder as the cause. The company plans to implement improvements and collaborate with JAXA to enhance future missions, while expecting increased development costs for upcoming missions but no impact on launch schedules.

More about ispace,inc.

ispace, inc. operates in the aerospace industry, focusing on lunar exploration and development. The company is known for its lunar landers and missions aimed at advancing space exploration and technology, with a market focus on creating a sustainable lunar economy.

Average Trading Volume: 9,269,574

Technical Sentiment Signal: Sell

Current Market Cap: Yen59.9B

See more insights into 9348 stock on TipRanks’ Stock Analysis page.

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