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ispace Announces New Business Concept Utilizing its Own Lunar Orbiting Satellites

NQ Score 56/100

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Frequently Asked Questions

Q: What is the new business concept announced by ispace?
A: ispace has announced a new business concept called "Luna Connect Service," which will offer communication and positioning services using their own lunar orbiting satellites.
Q: What is the primary purpose of the Luna Connect Service?
A: The primary purpose of Luna Connect Service is to provide new communication and positioning services in anticipation of increasing economic activity in lunar orbit and cis-lunar space.
Q: What kind of assets will ispace utilize for its Luna Connect Service?
A: ispace will utilize its own assets, including lunar orbiting satellites planned for future deployment, to provide the Luna Connect Service.
Q: What is ispace's plan regarding the deployment of lunar orbiting satellites?
A: ispace plans to proactively deploy its own assets, including satellites, into lunar orbit, with a goal of deploying at least five lunar orbiting satellites by 2030.
Q: What role does KDDI Corporation play in ispace's new business concept?
A: ispace has entered into a basic agreement with KDDI Corporation, a major ground station provider in Japan, to jointly explore ground stations crucial for the Luna Connect Service business.