ispace to Develop Lunar Communication and Positioning Business with New Satellite Network

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

ispace has approved plans to explore a new business line called Lunar Connect Services, which will use proprietary lunar orbiting satellites to provide high-speed communication and positioning services for customers operating on the Moon and in lunar orbit. The company intends to deploy at least five lunar orbiting satellites by 2030, with the first satellite targeted for launch as early as 2027 and initial communication services expected by the end of fiscal 2027.

To support the new services, ispace has signed a memorandum of understanding with Japanese telecom provider KDDI to jointly study the operation and use of Earth-based ground stations capable of handling large-capacity Moon-Earth communications. The company, citing internal estimates, sees the market for lunar communication and data services reaching at least $3 billion annually by the 2040s, and views Lunar Connect as a key pillar alongside its existing transportation and data businesses, though the initiative is not expected to affect earnings for the fiscal year ending March 31, 2026.

The most recent analyst rating on (JP:9348) stock is a Hold with a Yen608.00 price target. To see the full list of analyst forecasts on ispace,inc. stock, see the JP:9348 Stock Forecast page.

More about ispace,inc.

ispace, inc. is a Japan-based space technology company focused on lunar exploration and infrastructure, listed on the Tokyo Stock Exchange Growth Market. Leveraging its capability to deliver, deploy, and operate spacecraft in lunar orbit, the company provides transportation to the lunar surface and orbit, along with lunar data services, and aims to help build the emerging cislunar economy.

Average Trading Volume: 2,055,626

Technical Sentiment Signal: Sell

Current Market Cap: Yen82.75B

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