Regarding the Capital and Business Alliance Agreement with Space Transportation Systems, Inc.

Frequently Asked Questions

Q: What is the primary purpose of the capital and business alliance between Nippon Travel Agency and Space Transportation Systems?

A: The primary purpose is to develop new businesses into core operations, specifically focusing on the commercialization of manned space transportation services and related launch support.

Q: What specific rights has Nippon Travel Agency acquired from Space Transportation Systems under this agreement?

A: Nippon Travel Agency has acquired the exclusive and global general sales agency rights for manned space transportation services provided by Space Transportation Systems worldwide.

Q: When was the capital and business alliance agreement officially concluded?

A: The capital and business alliance agreement was officially concluded on March 26.

Q: What types of manned space transportation services are included in the sales agency rights granted to Nippon Travel Agency?

A: The sales agency rights include point-to-point (P2P) high-speed transportation and orbital stay services.

Q: How does this new alliance build upon the existing partnership between the two companies?

A: This alliance builds upon the existing partnership by signifying management participation in the manned space transportation service business and allowing Nippon Travel Agency to seriously consider space business as a passenger service.