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Other Disclosures2359CORE CORPORATIONInformation and Communications, Services and Others

Selected for the JAXA Space Technology Demonstration Acceleration Program (JAXA-STEPS)

CORE CORPORATION has been selected for JAXA-STEPS and will begin developing and demonstrating in orbit an on-board PPP receiver for small satellites.

Worth reading
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Direction
Improvement
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Scale
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Wording
Conditional
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Announced details

On-board PPP receiver for small satellites
Applicable field (uses covered by this announcement)

Earth observation satellites, disaster response, infrastructure monitoring, and monitoring in the marine, forestry, and agricultural sectors

What the company reported numerically
Quantitative Effects

Real-time, highly accurate standalone positioning at centimeter-level precision. Efforts will be made to reduce cost, size, weight, and power consumption.

Relationship between the counterparty and the company
CORE CORPORATION2359
Relationship with the Company

As a company selected for JAXA-STEPS, CORE CORPORATION will develop the receiver and conduct an in-orbit demonstration with support from JAXA.

CounterpartyNational Research and Development Agency, Japan Aerospace Exploration Agency (JAXA)

A National Research and Development Agency that implements the JAXA Space Technology Demonstration Acceleration Program (JAXA-STEPS).

Impact on Business Performance

This press release announces qualitative business progress and states that developments and forecasts concerning business performance and management indicators should be referred to in earnings summaries and other disclosures. The specific financial impact is Not disclosed.

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

JAXA Satenavi and JAXA project information

Announced details
ItemDetails
Names of Products / Services CoveredOn-board PPP receiver for small satellites
CounterpartyNational Research and Development Agency, Japan Aerospace Exploration Agency (JAXA)
Counterparty overviewA National Research and Development Agency that implements the JAXA Space Technology Demonstration Acceleration Program (JAXA-STEPS).
Relationship with the CompanyAs a company selected for JAXA-STEPS, CORE CORPORATION will develop the receiver and conduct an in-orbit demonstration with support from JAXA.
Applicable areaEarth observation satellites, disaster response, infrastructure monitoring, and monitoring in the marine, forestry, and agricultural sectors
Quantitative EffectsReal-time, highly accurate standalone positioning at centimeter-level precision. Efforts will be made to reduce cost, size, weight, and power consumption.
Impact on Business PerformanceThis press release announces qualitative business progress and states that developments and forecasts concerning business performance and management indicators should be referred to in earnings summaries and other disclosures. The specific financial impact is Not disclosed.
SourceJAXA Satenavi and JAXA project information
Items this document does not state (10)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage history

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.

With support from JAXA, CORE CORPORATION aims to apply the results of its existing on-board PPP technology to the development and in-orbit demonstration of a receiver for small satellites, enabling the rapid and highly accurate use of satellite data, expanding its space business, and strengthening the competitiveness of Japan's space industry.

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Selected for the JAXA Space Technology Demonstration Acceleration Program (JAXA-STEPS) | CORE CORPORATION (2359) timely disclosure | Komori