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Astroscale Expands APS-R Project with Increased Contract for Satellite Refueling

Story Highlights
  • Astroscale focuses on satellite refueling and debris removal in the aerospace industry.
  • APS-R project contract increased to $41.2 million for satellite refueling development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Astroscale Holdings Inc. ( (JP:186A) ) has issued an update.

Astroscale Holdings Inc. announced an expansion of its APS-R project, increasing the contract amount to $41.2 million to advance the development and operational demonstration of its satellite refueling capabilities. This project, awarded by the United States Space Force, marks a significant step in establishing scalable refueling services in space, enhancing Astroscale’s strategic positioning in the growing market for on-orbit services and addressing increasing defense-related demands.

More about Astroscale Holdings Inc.

Astroscale Holdings Inc. operates in the aerospace industry, focusing on developing on-orbit services such as satellite refueling and debris removal. The company aims to enhance space sustainability and operational flexibility, with a market focus on defense and commercial space operations.

YTD Price Performance: -33.88%

Average Trading Volume: 4,403,122

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen72.91B

For a thorough assessment of 186A stock, go to TipRanks’ Stock Analysis page.

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