8 Mar, 2023
TOKYO – March 8, 2023 – ispace, inc., (“ispace”) a global lunar exploration company, announced today that Tokyo Stock Exchange, Inc. (“Tokyo Stock Exchange”) has approved the initial listing of its shares on the Tokyo Stock Exchange Growth Market. The date of listing on the Tokyo Stock Exchange Growth Market is scheduled to be April 12, 2023 (Wednesday), and after that date, trading of the Company’s shares will be possible on the same exchange.
In December 2022, ispace launched its first lunar lander, taking the initial step toward creating a world where the Earth and the Moon are a unified ecosystem. ispace seeks to lead the world in constructing important infrastructure that will serve as the backbone of this ecosystem, and believes that this infrastructure will be essential for making the Earth a sustainable place where humans can live prosperous lives for many years to come.
Through this new listing, ispace seeks to commence dialogues with as many global investors in the stock market as possible and request their participation in this infrastructure construction project. This will be the initial step toward creating a unified ecosystem between the Earth and the Moon.
Thank you very much for your continued support of ispace.
For details on the new listing approval, please refer to the “New Listings” page on the Japan Exchange Group website.
Japan Exchange Group “New Listings” page:
About ispace, inc.
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 seeks 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 offices in Japan, Luxembourg, and the United States, with more than 200 employees worldwide. ispace technologies U.S., inc. (ispace U.S.) is part of a team led by Charles Stark Draper Laboratory, Inc., which was awarded a NASA Commercial Lunar Payload Services (CLPS) Program contract to land on the far side of the Moon by 2025.(i) Both ispace and ispace EUROPE S.A. (ispace EU) were awarded contracts to collect and transfer ownership of lunar regolith to NASA, and ispace EU was selected by the ESA to be part of the Science Team for PROSPECT, a program which seeks to extract water from the Moon.
Established in 2010, ispace operated “HAKUTO”, which was one of five finalist teams in the Google Lunar XPRIZE race. The company’s first mission as part of its HAKUTO-R lunar exploration program launched on December 11, 2022 from the United States on a SpaceX Falcon 9 rocket. Subsequent missions are in development with launches expected in 2024.(ii) ispace also has launched a lunar data business concept to support new customers as a gateway to conducting business on the Moon.
Note: This press release does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. The securities referred to above have not been and will not be registered under the United States Securities Act of 1933 (the “Securities Act”). The securities referred to above may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.