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ispace,inc. ( (JP:9348) ) has provided an update.
ispace, inc. has announced a resolution to borrow long-term funds amounting to 10 billion yen from Sumitomo Mitsui Banking Corporation. This borrowing aims to enhance the company’s liquidity and financial stability, facilitating agile management and continuous technological improvement. The funds will be used as working capital for mission development and related expenses, with the company ensuring compliance with new financial covenant disclosure requirements.
More about ispace,inc.
ispace, inc. operates in the aerospace industry, focusing on lunar exploration and related technologies. The company is known for developing missions aimed at advancing space exploration capabilities and responding to market demands in the space sector.
Average Trading Volume: 4,340,236
Technical Sentiment Signal: Buy
Current Market Cap: Yen138.4B
Find detailed analytics on 9348 stock on TipRanks’ Stock Analysis page.