A post by @FirstSquawk on X.
IHI to Establish Small-Satellite Manufacturing Facility in Japan by FY2029, According to Nikkei.
@FirstSquawk on X
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IHI Corp. plans to build a small-satellite manufacturing facility in Japan by fiscal 2029, according to Nikkei. The move positions the heavy-industry group to capture growing demand for compact satellites used in communications and Earth observation. It matters because Japan is pushing to strengthen its domestic space supply chain and reduce reliance on foreign manufacturers. Watch for details on the facility's location, investment size, and production capacity, along with any government subsidies or anchor customers.
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IHI, Japan, Nikkei