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Sumitomo Mitsui Trust Bank Invests $10 Million in ispace

Summary by Ex Terra
Lunar exploration company ispace has secured approximately $10 Million (¥1.4 Billion JPY) in new financing as part of a loan agreement with Sumitomo Mitsui Trust Bank. The funds will be allocated as working capital for continued development and operation of the company’s landers and rovers as part of its lunar payload delivery service. “These funds, repaid on a long-term plan, will give us enhanced flexibility to develop technological advances a…
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Sumitomo Mitsui Trust Bank Invests $10 Million in ispace

Lunar exploration company ispace has secured approximately $10 Million (¥1.4 Billion JPY) in new financing as part of a loan agreement with Sumitomo Mitsui Trust Bank. The funds will be allocated as working capital for continued development and operation of the company’s landers and rovers as part of its lunar payload delivery service. “These funds, repaid on a long-term plan, will give us enhanced flexibility to develop technological advances a…

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Ex Terra broke the news in on Friday, March 28, 2025.
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