Key Updates for HAKUTO-R Announced as Mission 1 Lander Prepares to Enter Final Stage of Integration

A fuel tank being installed into the lander. (Credit: ispace)

M1 and M2 currently planned for launch as early as Q4 2022* and 2024*, respectively, and an early look at a new micro rover planned for first deployment on M2, among other updates

TOKYO – January 25, 2022 – Today, ispace, inc. (ispace), a lunar exploration company with its headquarters in Japan and regional offices in the United States and Europe, shared key developments related to the company’s HAKUTO-R program, which consists of its planned first and second lunar missions, Mission 1 (M1) and Mission 2 (M2).

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ispace Begins Final Assembly of Lunar Lander Flight Model Ahead of First Mission

Hakuto-R spacecraft (Credit: ispace)

TOKYO (ispace PR) –- Today, ispace announced that it began the assembly of the flight model for its lunar lander, which is to be used in the company’s first mission scheduled to launch in 2022. This is a major engineering milestone in the development of the lander and part of the final stretch toward our first mission.

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International Partners and Government Agencies Join Arqit’s Federated Quantum System

The Federated Quantum System developed and launched in the UK with support from the UK Space Agency

CORNWALL, UK, 11 June 2021 (Arqit PR) – Arqit Limited (“Arqit”), a leader in quantum encryption technology, has today announced at the G7 Leaders Conference in Cornwall, that it has formed an international consortium of companies and government organisations to provide its quantum encryption technology to government customers in a federated system concept, called Federated Quantum System (FQS). The UK, USA, Japan, Canada, Italy, Belgium, and Austria are now represented.

Arqit invented a system which uses satellites to distribute quantum keys to data centres. These keys are delivered using a new patented protocol called ARQ19, which solves the “Global versus Trustless” problem which previously prevented the adoption of Satellite Quantum Key Distribution (QKD). Arqit further invented a method, called QuantumCloud™ to translate the benefits of this quantum key distribution to any form of endpoint or cloud machine without the need for any special hardware. The first version of QuantumCloudTM launches for live service to commercial customers in 2021.

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Centricus Acquisition Corp. to Combine with Arqit Limited, a Leader in Quantum Encryption Technology

  • Arqit Limited (“Arqit”), a leader in quantum encryption technology, has entered into a definitive agreement to combine with Centricus Acquisition Corp. (Nasdaq: CENH, CENHW, CENHU) (“Centricus”), a publicly-traded special purpose acquisition company.
  • Arqit has pioneered a unique quantum encryption technology, QuantumCloud™, which makes the communications links of any networked device secure against current and future forms of hacking – even an attack from a quantum computer.
  • The transaction with Centricus is expected to provide up to $400 million of gross proceeds to Arqit (assuming minimal redemption from existing Centricus shareholders). This includes funds from a fully committed PIPE of approximately $70 million with participation from Arqit business partners Virgin Orbit and Sumitomo Corporation, and Centricus sponsor Heritage Group.
  • Pro forma equity value of the business combination is approximately $1.4 billion, and pro forma enterprise value is approximately $1.0 billion at the PIPE price of $10.00 per share, assuming minimal redemption from existing Centricus shareholders.
  • This transaction will accelerate the next stages of Arqit’s business plan, including the mass commercialization of its products and the launch of two satellites, which is targeted for 2023.
  • Investor webcast and call is scheduled for May 12, 2021, at 9:00 AM EST / 2:00 PM BST.

NEW YORK and LONDON (Centricus/Arqit PR) — Arqit Limited (“Arqit”), a leader in quantum encryption technology and Centricus Acquisition Corp. (Nasdaq: CENH) (Nasdaq: CENHW) (Nasdaq: CENHU) (“Centricus”), a special purpose acquisition company, have entered into a definitive agreement that would result in Arqit becoming a publicly listed company (the “Business Combination Agreement”). Upon closing of the transaction, a newly formed Cayman holding company, Arqit Quantum Inc., will merge with Centricus, acquire Arqit and register its shares  for listing on the Nasdaq Stock Market.

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ispace Adds 3 Corporate Partners, Delays Moon Missions

Latest HAKUTO-R Lander and Rover design. (Credit: ispace)

TOKYO, August 21, 2019 (iSpace PR) — Today, the lunar exploration company, ispace, announced new partnerships with three leading Japanese companies who will join ispace’s HAKUTO-R commercial lunar exploration program as Corporate Partners, as well as updates to the program’s mission timeline.

Notably, each of these partners are 100-year old companies with long established success on Earth, now edging toward the expansion of their business to the Moon.

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