Komori
Business alliance186AAstroscale Holdings Inc.Information and Communications, Services and Others

(Update on Disclosed Matter) Notice concerning the execution of REFLEX-J’s second-year contract by a Japanese consolidated subsidiary

ASJP has entered into a second-year contract with JST for REFLEX-J, a project developing satellite life-extension and refueling technologies, covering the period from April 2026 to March 2027. The second-year contract amount is ¥3.06 billion, with no change to the total budget.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
30.6
¥100 million, excluding tax
Wording
Definitive
How definitive the wording is.

Agreements reached under this partnership

Business alliance
186AAstroscale Holdings Inc.
Alliance partnerJapan Science and Technology Agency (JST)
Details of the alliance
  1. 1

    Refueling technologies that contribute to extending satellite operating lives

  2. 2

    Establishment of in-space refueling technologies for cooperative satellites

  3. 3

    Development of domestically produced chemical-propellant refueling technologies designed to be scalable to multiple orbits and electric propulsion and to serve international markets

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Impact on Business Performance

This has been included in the assumptions underlying the consolidated full-year earnings forecast for the fiscal year ending April 2026.

Contract Date1 April 2026Alliance start dateApril 2026 (start of the contract period)Contract PeriodFrom April 2026 to March 2027
Agreements reached under this partnership
ItemDetails
Name of alliance partnerJapan Science and Technology Agency (JST)
Type of allianceBusiness alliance
Details of the allianceRefueling technologies that contribute to extending satellite operating lives, Establishment of in-space refueling technologies for cooperative satellites, Development of domestically produced chemical-propellant refueling technologies designed to be scalable to multiple orbits and electric propulsion and to serve international markets
Contract PeriodFrom April 2026 to March 2027
Contract Date1 April 2026
Alliance start dateApril 2026 (start of the contract period)
Impact on Business PerformanceThis has been included in the assumptions underlying the consolidated full-year earnings forecast for the fiscal year ending April 2026.
Items this document does not state (16)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersNumerical targets under the allianceShareholding PolicyDate of board resolutionShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To continue research and development under REFLEX-J. The company’s objectives under the contract are to conduct research and development into refueling technologies that contribute to extending satellite operating lives, as well as to develop domestically produced chemical-propellant refueling technologies designed to be scalable to multiple orbits and electric propulsion and to serve international markets.

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(Update on Disclosed Matter) Notice concerning the execution of REFLEX-J’s second-year contract by a Japanese consolidated subsidiary | Astroscale Holdings Inc. (186A) timely disclosure | Komori