JGC HOLDINGS shows resilience after subsidiary selected for JAXA next-generation space chamber system feasibility study
JGC HOLDINGS CORPORATION <1963> traded firmly after announcing subsidiary JGC Corporation was selected as contractor for the Japan Aerospace Exploration Agency's (JAXA) Next-Generation Space Chamber System Development Feasibility Study. The news drew buying interest on dips.
A space chamber replicates outer space's thermal vacuum environment on the ground to verify spacecraft performance, such as satellites and space telescopes. Japan's largest space chamber, at JAXA's Tsukuba Space Center, has operated long-term and is being considered for an upgrade. The study will examine specifications for equipment and buildings, maintenance plans, and economic feasibility in preparation for developing test facilities - centered on a large vacuum vessel - and related infrastructure. The project is scheduled to run through fiscal 2027. JGC HOLDINGS will leverage its EPC expertise to conduct a multifaceted feasibility verification.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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