Ispace makes history as first Japanese private space firm to list shares

Japan’s ispace, a space exploration company, is set to list its shares on the Tokyo Stock Exchange ahead of its planned mission to land a spacecraft on the moon. The move comes after the company secured funding from various investors, including the Development Bank of Japan, Mirai Creation Fund II, and others.

Founded in 2010, ispace has been dedicated to advancing space exploration and making it accessible to all. The company has been working towards its mission to establish a sustainable human presence on the moon by 2040. The listing on the Tokyo Stock Exchange is expected to raise approximately $28 million for the company.

ispace is one of the leading companies in the global space industry, with a focus on lunar exploration. It has developed a lunar lander and rover technology that will be used in its upcoming missions to the moon. The company’s first lunar mission is expected to take place in 2022, with the second mission scheduled for 2023.

The mission will involve sending ispace’s lander and rover to explore the lunar surface and collect data that will help pave the way for future lunar missions. The company has also partnered with several companies and organizations, including the Japanese Aerospace Exploration Agency (JAXA), to further its mission of advancing space exploration.

The listing of ispace’s shares on the Tokyo Stock Exchange is a significant development in the Japanese space industry. Traditionally, the industry has been dominated by government agencies. However, ispace’s listing signals a shift towards greater private sector involvement in space exploration.

The company’s CEO, Takeshi Hakamada, has stated that the funding from the listing will be used to further develop its lunar lander and rover technologies, as well as to fund future missions to the moon and beyond. Hakamada also expressed his gratitude to the investors, saying, “We are thrilled to have their support in our mission to make space accessible to all.”

The listing has drawn attention from investors and space enthusiasts worldwide, with many hailing ispace’s vision for the future of space exploration. With its pioneering spirit and dedication to making space accessible to all, ispace is leading the way towards a new era of space exploration.