DENVER, March 1, 2021 (Lockheed Martin PR) — Lockheed Martin (NYSE: LMT) and NEC Corporation (NEC; TSE: 6701) have signed a joint collaboration agreement to extend their partnership utilizing NEC’s System Invariant Analysis Technology (SIAT). The companies are also finalizing a licensing agreement with a multi-year option.
TOKYO (JAXA PR) — The Japan Aerospace Exploration Agency (JAXA) has signed a contract to launch the Earth observation satellite LOTUSat-1 for Vietnam developed and manufactured by NEC Corporation (NEC) on the Epsilon rocket from Uchinoura.
We have signed a contract with NEC for launching the the observatory. This launch is scheduled for 2023, and this is the first time that the Epsilon rocket has been commissioned to launch an overseas satellite payload.
TOKYO (JAXA PR) — The Japan Aerospace Exploration Agency (JAXA) has established a basic mission that uses micro satellites as part of the “environmental maintenance for stable supply of core parts of space systems” shown in the Basic Space Plan.
We are advancing the “Innovative Satellite Technology Demonstration Program” with the aim of conducting on-orbit verification of parts and new elemental technology in a timely and inexpensive manner.
We would like to inform you that we are soliciting demonstration themes for “Innovative Satellite Technology Demonstration Unit 3” and selected the demonstration themes (15 in total) from the 23 themes that we applied for, as shown below.
Aerojet, a GenCorp (NYSE: GY) company, and NEC Corporation (TSE: 6701) announced today that the companies will explore the feasibility of jointly supplying low power ion propulsion systems for the U.S. and Japanese aerospace markets. Ion propulsion systems can be used for geosynchronous satellite propulsion systems and deep space missions providing significant advantages over traditional chemical propulsion systems due to the higher fuel efficiency.