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COMPANY TO TEST SPACE-DEBRIS-RETRIEVAL SATELLITE IN 2019, AIM TO COMMERCIALIZE BY 2020

COMPANY TO TEST SPACE-DEBRIS-RETRIEVAL SATELLITE IN 2019, AIM TO COMMERCIALIZE BY 2020 A Singapore-based venture company aspiring to enter the space business unveiled a life-sized model of a satellite that would retrieve space debris, with which the company plans to conduct a test run in orbit in 2019 and to make commercially viable by 2020. "Space is filled with trash, and if things continue as they have, space exploration will no longer be sustainable. There definitely is demand (for the craft)," Mitsunobu Okada, the 44-year-old founder and CEO of Astroscale, said. Okada also revealed that his company has just accepted a 2.8 billion yen (about $2 million) investment from ANA Holdings Co. and other investors.    More



(Source: The Mainichi - Jul 16)

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