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Business alliance9348ispace,inc.Information and Communications, Services and Others

ispace Signs Memorandum of Understanding with Italy's Telespazio and Leonardo for Collaboration in Lunar Exploration

ispace, Telespazio and Leonardo entered into a memorandum of understanding to explore potential collaboration in areas including lunar communications, positioning, navigation and transport infrastructure. Potential areas of collaboration also include satellite transport for the ESA Moonlight program and the development of user terminals and space and ground segments.

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Agreements reached under this partnership

Business alliance
9348ispace,inc.
Alliance partnerTelespazio / Leonardo
Details of the alliance
  1. 1

    Expanding the scope of collaboration into new strategic areas, including interoperability, user access and service provision, in order to expand communications, navigation and transport services on the Moon.

  2. 2

    Considering the potential use of the capabilities of Leonardo's space division in AI applicable to space robotics and space exploration.

  3. 3

    Considering collaboration on the development of user terminals and space and ground segments in anticipation of future demand.

  4. 4

    Considering how to expand communications coverage on and around the Moon, enhance positioning and navigation capabilities, increase data communications capacity, and improve resilience for future lunar exploration missions.

  5. 5

    Considering the potential use of the orbital transfer vehicle (OTV) developed by ispace to transport satellites for the ESA communications and PNT program Moonlight into lunar orbit.

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

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Ownership ratioTelespazio is a joint venture owned 67% by Leonardo and 33% by Thales. Equity stake in this partnership: Not disclosed
About the partner
Business DescriptionTelespazio: Business involving infrastructure services on the Moon, including communications, positioning, navigation and timing (PNT), as well as lunar transportation. Leonardo: Aerospace, defense and security businesses, and AI capabilities applicable to space robotics and space exploration.
LocationItaly
Contract Date7 October 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerTelespazio, Leonardo
Alliance partner's business activitiesTelespazio: Business involving infrastructure services on the Moon, including communications, positioning, navigation and timing (PNT), as well as lunar transportation. Leonardo: Aerospace, defense and security businesses, and AI capabilities applicable to space robotics and space exploration.
Alliance partner's locationItaly
Type of allianceBusiness alliance
Details of the allianceExpanding the scope of collaboration into new strategic areas, including interoperability, user access and service provision, in order to expand communications, navigation and transport services on the Moon., Considering the potential use of the capabilities of Leonardo's space division in AI applicable to space robotics and space exploration., Considering collaboration on the development of user terminals and space and ground segments in anticipation of future demand., Considering how to expand communications coverage on and around the Moon, enhance positioning and navigation capabilities, increase data communications capacity, and improve resilience for future lunar exploration missions., Considering the potential use of the orbital transfer vehicle (OTV) developed by ispace to transport satellites for the ESA communications and PNT program Moonlight into lunar orbit.
Ownership ratioTelespazio is a joint venture owned 67% by Leonardo and 33% by Thales. Equity stake in this partnership: Not disclosed
Contract Date7 October 2026
Items this document does not state (16)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange 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 build on the cooperative relationship established under the letter of intent signed by ispace and Telespazio in 2025, and to consider expanding communications, navigation and transport services on the Moon, improving interoperability and user access, and developing infrastructure to support future lunar exploration missions.

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ispace Signs Memorandum of Understanding with Italy's Telespazio and Leonardo for Collaboration in Lunar Exploration | ispace,inc. (9348) timely disclosure | Komori