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Astroscale Wins ESA Contract for Debris Removal Project

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Astroscale Wins ESA Contract for Debris Removal Project

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

Astroscale Holdings Inc.’s UK subsidiary has secured a contract with the European Space Agency to serve as the prime contractor for the CAT-IOD Phase A project. This initiative involves assessing the feasibility of an Active Debris Removal mission, utilizing Astroscale’s existing ELSA-M servicing platform. The project aims to enhance Astroscale’s positioning in the space debris removal sector while supporting the European supply chain.

More about Astroscale Holdings Inc.

Astroscale Holdings Inc. operates in the space industry, focusing on satellite servicing and active debris removal. They provide solutions to mitigate space debris using advanced technologies and have a significant presence in the European and Asian markets.

YTD Price Performance: -24.91%

Average Trading Volume: 1,141,944

Technical Sentiment Consensus Rating: Strong Buy

For detailed information about 186A stock, go to TipRanks’ Stock Analysis page.

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