ispace's U.S. subsidiary was selected as a contractor under NASA's lunar transportation program, CLPS 2, and is expected to propose transportation services using its ULTRA lunar lander. The total contract value is expected to reach up to $10 billion over the next 10 years.
ispace's U.S. subsidiary announced on the 8th that it had been selected as one of the contractors under NASA's lunar transportation program, CLPS 2. Going forward, it will directly propose transportation services to NASA, including those using its proprietary ULTRA lunar lander.
CLPS 2 is a framework under which a prime contractor is selected and an order is placed for each project. The total value of contracts over the next 10 years is expected to be up to approximately $10 billion. ispace previously participated in CLPS 1, but this time was selected as a prime contractor eligible to contract directly.
CEO HAKAMADA Takeshi (袴田 武史) said that the company's technology meets the standards in light of NASA's intentions. He explained that the selection does not guarantee an order and will have no impact on the company's latest earnings forecast. If the company competes for and wins contracts going forward, revenue could be generated.