Astroscale Unit Raises First-Year REFLEX-J Contract Value to 1.06 Billion Yen

MT Newswires Live

03/11

Astroscale Holdings (TYO:186A) said its subsidiary Astroscale Japan amended a contract for the REFLEX-J satellite refueling technology project, raising the first-year contract amount to 1.06 billion yen from 590 million yen, according to a Wednesday filing on the Tokyo Stock Exchange.

The Japan Science and Technology Agency commissioned the project and awarded it to Astroscale in September 2025. The project has a total budget of 10.8 billion yen over a five-year period.

The revision reflects accelerated procurement of long-lead components for the servicer satellite, while the overall project budget remains unchanged.

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