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ispace,inc. ( (JP:9348) ) just unveiled an announcement.
ispace, inc. announced that its Mission 2, ‘SMBC x HAKUTO-R VENTURE MOON,’ did not achieve its goal of completing the lunar landing sequence. The RESILIENCE lander lost communication during its descent, likely resulting in a hard landing on the lunar surface. This failure may impact potential revenue recognition of up to 238 million JPY, although it does not necessitate a revision of the company’s earnings forecast for the fiscal year ending March 2026. The company plans to analyze telemetry data to understand the failure and maintain stakeholder trust.
More about ispace,inc.
ispace, inc. operates in the aerospace industry, focusing on lunar exploration and technology development. The company is known for its lunar landers and missions aimed at advancing space exploration capabilities.
Average Trading Volume: 5,830,785
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen115.4B
See more data about 9348 stock on TipRanks’ Stock Analysis page.