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Japan space ambitions dealt blow after Ispace moon landing fails
Hindustan Times Jammu
|June 07, 2025
Tokyo-based ispace Inc.'s second lunar lander attempt failed after it lost contact, a blow to Japan's burgeoning commercial space industry.
TOKYO: Tokyo-based ispace Inc.'s second lunar lander attempt failed after it lost contact, a blow to Japan's burgeoning commercial space industry.
Ispace's Resilience lander did not decelerate in time, and it was highly likely it made a hard landing on the moon, according to executives. The company's stock price plunged 29%, falling by their daily limit in Tokyo, on Friday. Ispace's value tumbled to roughly half the high of $1 billion it reached last month.
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