The company plans to issue 20.8 million shares, with an offering price to be posted on May 27, according to a financial filing with the Tokyo Stock Exchange.
Space Systems Command has awarded Astroscale U.S. a $25.5 million contract to deliver by 2026 a prototype spacecraft that can refuel other satellites in space.
Astroscale Holdings has established a subsidiary in Paris, Astroscale France SAS, and is to sign a contract with the CNES to study space debris removal.