Mitsubishi Heavy Industries and Mitsubishi Electric Invest in Japan LEO Shachu, a Space Venture Established by Mitsui & Co. [Yahoo! Finance]
MITSUI & CO LTD ADR (MITSY)
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Source: Yahoo! Finance
Yamamoto), which was established by Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori), has implemented a third-party allocation of new shares, and Mitsubishi Heavy Industries, Ltd. ("MHI", Head Office: Chiyoda City, Tokyo, President and CEO: Eisaku Ito) and Mitsubishi Electric Corporation ("Mitsubishi Electric", Head Office: Chiyoda City, Tokyo, President and CEO: Kei Uruma) have conducted their subscription and investment procedures. The International Space Station (ISS) has hitherto been developed and operated by the governments of 15 countries participating in an intergovernmental agreement. Following the planned retirement of the ISS in 2030, development and operation of space stations in the post-ISS era are expected to be led by the private sector. As private-sector activities related to post-ISS accelerate, market expansion is anticipated. Japan LEO Shachu was established in July 2024 as a wholly owned subsidiary of Mitsui with the aim of crea
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