Sparx Group Co (JP:8739) has released an update.
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SPARX Group Co., Ltd. has announced an investment through its Space Frontiers Fund II in ElevationSpace Inc., which is focused on the development of spacecraft for space resource utilization and returning to Earth. The investment will boost ElevationSpace’s development team and fast-track its space-to-Earth return flight business, aiming to make space resources more accessible and cost-effective. The Space Frontiers Fund II, managed by SPARX Asset Management, continues the efforts of its predecessor to support technological innovation in Japan’s space industry.
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