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ispace

Tokyo company building robotic Moon landers to deliver cargo for paying customers. Its first two landers both crashed while landing, in 2023 and 2025, and its next mission is now planned for 2028.

Products, by altitude

The Moon · 384,400 km from Earth

Known rounds

DateRoundAmount
Oct 2025Public share offering (announced)¥18.3B⁠1

Milestones

  • Mar 2026 Merged its Japanese and U.S. lander designs into a single new lander called ULTRA with a new engine supplier, and moved the U.S. NASA mission to 2030. Company statement⁠2
  • Jun 2025 Mission 2 lander Resilience crashed while landing in Mare Frigoris; ispace later blamed a laser rangefinder that was slow to give readings.⁠3
  • Apr 2023 Mission 1 crashed during its landing attempt after the lander's software misjudged its altitude and it ran out of fuel. Company statement⁠4
  • Dec 2022 Launched its first lander, HAKUTO-R Mission 1, on a SpaceX Falcon 9. Company statement⁠4

Sources

  1. PayloadOct 7, 2025
  2. ispace press releaseMar 27, 2026
  3. Spaceflight NowJun 6, 2025
  4. ispace press releaseMay 26, 2023
  5. ispace

Updated Oct 22, 2026 · How we source facts · Suggest a correction