ispace Wins JAXA Backing for ¥20 Billion Lunar South Pole Landing and Relay Satellite Project

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

ispace has been selected by the Japan Aerospace Exploration Agency (JAXA) for a Space Strategy Fund Phase 2 project to develop technology for high-precision landings in the lunar polar regions, with its proposal “High-Precision Landing Near the South Pole and Support for Payload Activities in Polar Regions Using Communication Relay Satellites” eligible for funding of up to ¥20 billion over a period of up to five years. The funded technology will be implemented on Mission 6, scheduled for 2029, using an advanced lunar lander derived from the company’s Series 3 platform to demonstrate precision landings near the lunar south pole—an area believed to contain significant water ice reserves crucial for future deep-space fuel supply and long-term lunar infrastructure. By pairing the lander with a communication relay satellite that will remain in lunar orbit after Mission 6, ispace aims to establish operational experience, enable high-precision access to challenging terrains such as polar regions and potential “lunar pits,” and lay the groundwork for robust communication and data relay infrastructure that can support future commercial, scientific, and human activities across the Moon, including its far side.

The most recent analyst rating on (JP:9348) stock is a Hold with a Yen535.00 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 private lunar exploration company focused on developing lunar landers and related technologies to support commercial and scientific missions on the Moon. The company targets the emerging cislunar economy by offering transportation, surface operations, and infrastructure services aimed at resource exploration, in-situ resource utilization, and long-term human and robotic activity on the lunar surface.

Average Trading Volume: 1,859,367

Technical Sentiment Signal: Hold

Current Market Cap: Yen80.68B

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