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SKY Perfect JSAT Corporation rebounds with expanded gains on equity-method affiliate's MOU with Airbus subsidiary
SKY Perfect JSAT Corporation <9412> rebounded and expanded its gains. At 10:00 a.m. on the 28th, the company announced that Space Compass, an equity-method affiliate, signed an MOU (Memorandum of Understanding) with Airbus Defence and Space, a subsidiary of European aerospace company Airbus, for cooperation on optical communications and earth observation solutions. This appears to have attracted buying interest. Based on the memorandum, the two companies will proceed with discussions on how optical data relay technology, which enables high-speed, large-capacity, near-real-time communications, can contribute to demand in the earth observation sector.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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