Announced details
Satellites, space infrastructure, next-generation communications infrastructure
The Company submitted a proposal to JAXA's Space Strategy Fund, which was selected for funding. The Company and JAXA jointly held a kickoff meeting to confirm the technology development plan and for other purposes. Capital and personnel relationships are not disclosed.
A national research and development agency that operates the Space Strategy Fund, which provides medium- to long-term, ongoing support for technology development and commercialization by private-sector companies, universities and other organizations in Japan's space sector. Other details, including its location, representative, capital and year of establishment, are not disclosed.
Research and development facility within the Company's Next-Generation Technology Research Institute (Sodegaura, Chiba Prefecture)
Up to ¥3 billion (maximum grant support amount; subject to change based on future stage-gate reviews and other factors)
The company does not address Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Space-use CIGS solar cells |
| Counterparty | National Research and Development Agency, Japan Aerospace Exploration Agency (JAXA) |
| Counterparty overview | A national research and development agency that operates the Space Strategy Fund, which provides medium- to long-term, ongoing support for technology development and commercialization by private-sector companies, universities and other organizations in Japan's space sector. Other details, including its location, representative, capital and year of establishment, are not disclosed. |
| Relationship with the Company | The Company submitted a proposal to JAXA's Space Strategy Fund, which was selected for funding. The Company and JAXA jointly held a kickoff meeting to confirm the technology development plan and for other purposes. Capital and personnel relationships are not disclosed. |
| Contract Value | Up to ¥3 billion (maximum grant support amount; subject to change based on future stage-gate reviews and other factors) |
| Launch date | Scheduled start of pilot plant operations: 2027 |
| Applicable area | Satellites, space infrastructure, next-generation communications infrastructure |
| Location | Research and development facility within the Company's Next-Generation Technology Research Institute (Sodegaura, Chiba Prefecture) |
Items this document does not state (10)
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.As the importance of space infrastructure increases, the aim is to establish a stable supply of space-use CIGS solar cells and contribute to the development of next-generation communications infrastructure and sustainable space development. As part of the Company's business expansion in the electrification/e-mobility and ICT integration areas identified as growth fields in its medium-term management plan, the Company also aims to establish a new business pillar that will support long-term growth.