TOKYO—September 9, 2026—ispace, inc. (ispace) (TOKYO: 9348), a global lunar exploration company, announced today that a resolution has been made by its Board of Directors to secure approximately $19 Million USD (¥3 Billion JPY) in new financing as part of a loan agreement with Shizuoka Bank.
The loan is intended to secure working capital for the development of mission and other related expenses. Through this financing, ispace intends to strengthen the company’s liquidity position and stabilize its financial foundation, thereby enabling agile management decisions. This will further accelerate the continuous improvement of technological quality and ability to effectively respond to market demand. In addition, the loan is intended to build a robust financial structure that supports ongoing investment. The execution of the loan is scheduled to be completed in September 2026.
Overview of the New Financing
| 1) Lender | Shizuoka Bank, Ltd. |
| 2) Borrowing amount | 3 billion yen |
| 3) Interest rate | Floating interest rate (base rate + spread) |
| 4) Contract execution date | September 9, 2026 (tentative) |
| 5) Borrowing date | September 2026 (tentative) |
| 6) Borrowing period | 3 years |
| 7) Use of proceeds | Working capital |
| 8) Repayment method | Lump-sum repayment at maturity |
| 9) Collateral/Guarantee | No collateral or guarantee |
Statement of Jumpei Nozaki, CFO & Executive Business Director of ispace
“We are deeply grateful that Shizuoka Bank has recognized the value of our business and its future potential, making this loan possible. This will allow us to secure working capital for mission development and further strengthen our financial flexibility, thereby establishing a framework to drive investments toward sustainable growth. Moving forward, we will continue to balance technological development with business growth while steadily making progress toward commercialized lunar transportation services and the realization of the cislunar economy,” said Jumpei Nozaki, CFO & Executive Business Director, ispace, inc.
About ispace, inc. (https://ispace-inc.com)
ispace, a global lunar resource development company with the vision, “Expand our planet. Expand our future.”, specializes in designing and building lunar landers and rovers. ispace aims to extend the sphere of human life into space and create a sustainable world by providing high-frequency, low-cost transportation services to the Moon. The company has business entities in Japan, Luxembourg, and the United States with more than 300 employees worldwide. For more information, visit: www.ispace-inc.com and follow us on X: @ispace_inc.