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Business Partnerships186AAstroscale Holdings Inc.Information and Communications, Services and Others

Notice Regarding the Execution of a Memorandum of Understanding with Germany’s OHB

Astroscale Holdings has entered into a memorandum of understanding with OHB SE, a German space systems and satellite manufacturer, to explore potential cooperation in areas including in-orbit services, in-space assembly and manufacturing, and space domain awareness. No specific business agreement or capital transaction has been indicated at this time.

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Agreements reached under this partnership

Business Partnerships
186AAstroscale Holdings Inc.
Alliance partnerOHB SE
Details of the alliance
  1. 1

    Establish a framework for exploring potential cooperation by leveraging the technologies and expertise of both companies in in-orbit services, in-space assembly and manufacturing (ISAM), space domain awareness (SDA), and related space security fields

  2. 2

    Place particular emphasis on strengthening collaboration between the Company's UK subsidiary and OHB

  3. 3

    Focus on enabling both companies to address new customer needs by exporting technologies developed by the Company in the UK

  4. 4

    Provide a foundation for exploring collaboration in the Japanese business

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

About the partner
Business DescriptionOne of Germany's leading space systems and satellite manufacturers and a major company driving Europe's space industry
LocationGermany
Impact on Business Performance

There is no impact on financial results at this time.

Agreements reached under this partnership
ItemDetails
Name of alliance partnerOHB SE
Alliance partner's business activitiesOne of Germany's leading space systems and satellite manufacturers and a major company driving Europe's space industry
Alliance partner's locationGermany
Type of allianceBusiness Partnerships
Details of the allianceEstablish a framework for exploring potential cooperation by leveraging the technologies and expertise of both companies in in-orbit services, in-space assembly and manufacturing (ISAM), space domain awareness (SDA), and related space security fields, Place particular emphasis on strengthening collaboration between the Company's UK subsidiary and OHB, Focus on enabling both companies to address new customer needs by exporting technologies developed by the Company in the UK, Provide a foundation for exploring collaboration in the Japanese business
Impact on Business PerformanceThere is no impact on financial results at this time.
Items this document does not state (17)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare 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.

The purpose is to explore potential cooperation by leveraging the technologies and expertise of both companies, with a particular focus on strengthening collaboration between the Company's UK subsidiary and OHB. It also aims to address new customer needs by exporting technologies developed in the UK and provide a foundation for exploring collaboration in the Japanese business.

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Notice Regarding the Execution of a Memorandum of Understanding with Germany’s OHB | Astroscale Holdings Inc. (186A) timely disclosure | Komori