Astroscale Holdings Inc. (JP:186A) has released an update.
Astroscale Holdings Inc.’s UK subsidiary has secured a £0.69 million contract from the UK Government to collaborate on a Regulatory Sandbox project focusing on emerging Rendezvous and Proximity Operations technologies. This initiative aims to streamline the licensing process and provide regulatory clarity for on-orbit servicing markets, potentially benefiting insurers and investors. The financial impact of this contract on Astroscale’s fiscal year ending April 2025 is expected to be minimal.
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