Mu Space and Advanced Technology Co., Ltd. signed Two memorandums of understanding on payload services and strategic cooperation with ispace Inc., a private lunar exploration and robotics company based in Japan that was founded in 2010.
This cooperation represents the first step towards future lunar missions between the two companies. According to the agreements, the two companies entered into negotiations for future payload services to lunar orbit and the lunar surface and agreed to cooperate in developing the lunar satellite market by working in coordination to provide transportation and deployment to lunar satellite payload customers during satellite supply. Elements.
As part of the agreement, Mu Space and ispace will develop a joint market in Japan and Thailand to accelerate the number of lunar orbiting satellite missions including small satellite payloads and lunar landing payloads with a mass of up to 100 kg.
mu Space CEO and CTO, James YenbamrongHe said, “I am thrilled to share with you the news of Mu Space’s partnership with ispace. This represents our first lunar mission, demonstrating our vision and commitment to achieving a presence on the moon by 2028. Together with ispace Capital, we are ready to demonstrate key technologies and build the foundation for future lunar endeavors. The partnership also serves as a testament to the advancement of space technology in Asia.
“The use of highly maneuverable lunar satellites for communications networks, scientific research and a range of other applications is essential for a long-term human presence on the Moon.” He said Takeshi Hakamada, founder and CEO of ispace. “I am pleased to announce agreements with mu Space that will create new markets in Southeast Asia and around the world for lunar satellite missions as the building blocks of the lunar economy. It is another step in realizing ispace’s vision of ‘Expand Our Planet.’ Expand Our Future.”