Astroscale Holdings Inc. (JP:186A) has released an update.
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Astroscale Holdings Inc. has announced an increase in the contract amount for the APS-R project, managed by its U.S. subsidiary Astroscale U.S., from $26.9 million to $29.4 million to support launch and on-orbit operations, advancing the development of their satellite refueling prototype. The project, awarded by the United States Space Force in September 2023, is strategically important for the company’s aim to establish refueling technologies and expand on-orbit services. This contract modification is expected to impact financial results through the fiscal year ending April 2026.
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