Key Updates for HAKUTO-R Announced as Mission 1 Lander Prepares to Enter Final Stage of Integration

A fuel tank being installed into the lander. (Credit: ispace)

M1 and M2 currently planned for launch as early as Q4 2022* and 2024*, respectively, and an early look at a new micro rover planned for first deployment on M2, among other updates

TOKYO – January 25, 2022 – Today, ispace, inc. (ispace), a lunar exploration company with its headquarters in Japan and regional offices in the United States and Europe, shared key developments related to the company’s HAKUTO-R program, which consists of its planned first and second lunar missions, Mission 1 (M1) and Mission 2 (M2).

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Airbus Ventures Invests in ispace’s Series C Extension Round

TOKYO, October 25, 2021 (ispace PR) – Today, ispace, inc. (ispace) announced that it raised additional financing from Airbus Ventures, as part of an extension of the lunar exploration company’s Series C investment round, following its initial Series C funding announced on August 4, 2021, and its Series C extension round funding announced on October 20th.

With this latest investment, ispace’s total amount raised since seed investment is approximately $200 million (USD).[i] The funds from ispace’s Series C investment round are planned to be applied toward ispace’s second lunar mission, which is planned to launch in 2023[ii], as well as to support the development of its Series 2 lunar lander for its third mission, which is currently planned to launch in 2024[iii]. The Series 2 lander for the third mission is currently being developed in the United States.

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ispace to Collaborate on Lunar Resources Extraction Rover with Haptic Robotic Arm and Mixed Reality (XR) Functions

Memorandum of Understanding signed with Canadian company Stardust and Australia’s University of Technology Sydney and EXPLOR Space Technologies

COLORADO SPRINGS, Colo. (ispace PR) – Today, ispace, inc. (ispace), ispace Europe SA (ispace Europe), Stardust Technologies Inc. (Stardust), University of Technology Sydney (UTS), and EXPLOR Space Technologies (EXPLOR) collectively signed a Memorandum of Understanding (MoU) to collaborate on a mining rover with a multipurpose robotics arm utilizing virtual reality, haptic feedback in the framework of in situ resource utilization (ISRU) activities on the Moon.

Under the proposed collaboration, the parties involved plan to engage in the form of one or more of the following:

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ispace Unveils Next Generation Lunar Lander for its 3rd Lunar Mission Targeting 2024 Launch

ispace’s Series 2 lunar lander. (Credit: ispace)

The lander, larger in size and payload design capacity, is planned to be designed and manufactured in the US

Colorado Springs, Colo. (ispace PR) – Today, ispace, inc. (ispace) unveiled its next generation lunar lander, Series 2, which the company plans to first use for its third lunar mission (Mission 3), as well as subsequent future missions. Standing at approximately 9 ft tall and 14 ft wide (approx. 2.7 m tall by 4.2 m wide), including its legs, it is larger in both size and customer payload design capacity than ispace’s first-generation lander model, Series 1, which the company is developing for its first and second missions.

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ispace Raises $46 Million in Series C Funding with New Funds Going Toward Mission 2 & 3

HAKUTO-R lander on the moon. (Credit: ispace)

TOKYO, August 4, 2021 (ispace PR) – Today, ispace, inc. (ispace) announced that it contracted to fund approximately $46 million (USD)[i] from seven investors, including Incubate Fund as the lead investor, for its Series C investment round. This brings ispace’s cumulative total funding to approximately $195.5 million (USD)[ii] including past Series B, Series A and seed investment, as well as its existing and new bank loan financing announced in June 2021.

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Israel’s Helios Signs Agreement with iSpace to Produce Oxygen on the Moon

Helios’ oxygen production solution, supported by the Israel Space Agency, could reduce the number of launches from Earth and allow for a long-term human presence in deep space. (Credit: Helios)

TEL AVIV (Israel Space Agency PR) — The Israeli company Helios, which develops technology for extracting oxygen from the lunar soil, signed the first Israeli-Japanese agreement for technological cooperation on July 19. Helios, with the support of the Israel Space Agency in the Ministry of Innovation, Science and Technology, will be integrated into the mission to the moon of the Japanese company ispace. As part of the mission, the Israeli company will conduct a demonstration of technology for extracting oxygen and metal from the lunar regolith.

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ispace Begins Final Assembly of Lunar Lander Flight Model Ahead of First Mission

Hakuto-R spacecraft (Credit: ispace)

TOKYO (ispace PR) –- Today, ispace announced that it began the assembly of the flight model for its lunar lander, which is to be used in the company’s first mission scheduled to launch in 2022. This is a major engineering milestone in the development of the lander and part of the final stretch toward our first mission.

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Citizen Releases New Watch Model in Collaboration with i-Space’s HAKUTO-R Lunar Exploration Program

Left: Eco-Drive GPS SATELLITE WAVE F950 Double Direct Flight – Limited edition of 1,200 units worldwide. Right: Eco-Drive Radio-controlled Direct Flight – Limited edition of 1,600 units worldwide. (Credit: ispace)

TOKYO, June 16, 2021 (ispace PR) – ispace, inc. (“ispace”), a lunar exploration company headquartered in Japan, and Citizen Watch Co., Ltd. (“Citizen”) are pleased to announce that Citizen will release two limited-edition watches in collaboration with the HAKUTO-R program, a commercial lunar exploration program consisting of ispace’s first two missions.

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ispace Applauds Japan’s Passage of Space Resources Law

The Law Concerning the Promotion of Business Activities Related to the Exploration and Development of Space Resources was passed by the National Diet of Japan 

Tokyo, Japan, June 15 – ispace, inc. (ispace) issued the following statement regarding the passage of the Law Concerning the Promotion of Business Activities Related to the Exploration and Development of Space Resources by the National Diet of Japan on June 15, 2021. 

Statement by Takeshi Hakamada, Founder & CEO, ispace: 

“We enthusiastically support the passage of Japan’s space resources law and applaud the nonpartisan parliamentary group of diet members for taking a swift action to lead the world in this endeavor, alongside other nations who have recently passed similar legislation or who may be in preparations to do so. I am very certain that this rule making effort will bring opportunities and  order to commercial activities and should offer a strong sense of the future growth of our industry, as well as the sustainable future of humanity, to many stakeholders worldwide.” 

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ispace Receives $17.9 Million in Bank Loans

HAKUTO-R lander on the moon. (Credit: ispace)

TOKYO (ispace PR) – ispace, inc. (ispace) announced that it signed loan agreements totaling of $17.9 million (USD)[1] with Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., Resona Bank, Limited, and Japan Finance Corporation. As of May 31, ispace’s total amount of bank loans reached $20 million (USD)[2] including the existing loan from Japan Finance and Dai-ichi Kangyo Credit Cooperative.

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MBRSC Teams Up with Japan’s ispace on Emirates Lunar Mission

HAKUTO-R lander on the moon. (Credit: ispace)
  • Emirates Lunar Mission’s ‘Rashid’ rover to go to the Moon on ispace’s Mission 1 in 2022
  • ispace to provide payload delivery, and communication and power services for the rover
  • Agreement further strengthens UAE-Japan collaboration in space exploration

Dubai, UAE, 14 April 2021 (ispace PR) — The Mohammed Bin Rashid Space Centre (MBRSC) has signed a contract with Japan’s ispace, inc. (ispace), under which the latter will provide payload delivery services for the ambitious Emirates Lunar Mission. Under this agreement, ispace becomes a key strategic and implementation partner to MBRSC on the Emirates Lunar Mission, the first of its kind from the Arab world.

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Japanese Lunar Exploration Company ispace Opens Office in Colorado

Kursten O’Neill, U.S. lander program director, and ispace technologies U.S. CEO Kyle Acierno. (Credit: ispace technologies)

DENVER (ispace PR) – Today, ispace, inc. (ispace) announced that it has selected Colorado as the location for its newest office. The company will open its new U.S.-based workplace in the Denver metropolitan area.

In making the decision, ispace worked with SelectUSA, a program in the U.S. Department of Commerce that provides assistance to foreign companies expanding into the U.S. market. After thorough consideration among a competitive list of locations around the United States, ispace selected Colorado as its place of operation, primarily due to the access to talent in the state, especially as the company plans to swiftly proceed with staffing a full engineering team, along with other positions.

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