In section Market Quotes

ispace Shares Surge on Starship Lunar Logistics Deal

Shares of Tokyo-based ispace jumped 19% on Thursday, closing at 508 yen, after the company announced plans to utilize SpaceX’s Starship for a new lunar transportation service. The move represents the company's largest single-day stock gain since January 2025, fueled by a strategic expansion into high-capacity moon cargo operations.

ispace Shares Surge on Starship Lunar Logistics Deal

The Japanese space firm has secured 500 kilograms of payload capacity on the Starship platform, aiming to launch the service as early as 2030. This initiative targets customers with smaller delivery needs, offering an integrated system to transport and operate equipment directly on the lunar surface. Founder and CEO Takeshi Hakamada emphasized that the cost-efficiency provided by Starship is a critical component for building a sustainable lunar economy.

Beyond this partnership, ispace continues to build its infrastructure with planned annual landing missions scheduled for 2028, 2029, and 2030 using its proprietary Ultra lunar lander. To support these global ambitions, the company has recently expanded its operational footprint into Saudi Arabia, joining its established hubs across Japan, the United States, and Europe.

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