Ispace and Magna Petra Partner for Lunar Exploration

MT Newswires Live

2024/12/10

Ispace (TYO:9348) and Magna Petra have partnered to explore lunar resources, particularly helium-3 isotopes, according to its filing on Tuesday.

Their collaboration aims to establish a lunar economy through sustainable resource harvesting.

Ispace is preparing for multiple missions, including Mission 2 with the RESILIENCE lander in 2025 and Mission 3 with APEX 1.0 in 2026. Mission 6, using the Series 3 lander, is planned for 2027.

Magna is a lunar resources company focused on extracting and bringing helium-3 isotopes from the moon to Earth.

Price (JPY): $521.00, Change: $+4.0, Percent Change: +0.77%

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