Sumitomo Mitsui Trust Bank Invests $10 Million in ispace
Funds Will Be Allocated as Working Capital for Lander and Rover Development
Lunar exploration company ispace has secured approximately $10 Million (¥1.4 Billion JPY) in new financing as part of a loan agreement with Sumitomo Mitsui Trust Bank. The funds will be allocated as working capital for continued development and operation of the company’s landers and rovers as part of its lunar payload delivery service.
“These funds, rep…
Keep reading with a 7-day free trial
Subscribe to The Journal of Space Commerce to keep reading this post and get 7 days of free access to the full post archives.