ispace Projects Significant Demand of Lunar Services, ISRO Targeting Shiv Shakti with Chandrayaan-4
Japan first commercial lunar lander company ispace projecting 138% increase in year-on-year net sales, growing to JPY¥4,033M (US$25.8M) in FY2024 possibly buoyed by international orders for lunar landers and robots, especially from USA, which may mitigate expected JPY¥12,465M ($79.8M) loss, with ispace CEO Takeshi Hakamada (R) characterizing business environment as ‘quite positive‘ in light of USA-Japan Artemis agreement; Nilesh Desai, director of Space Applications Centre (SAC) in Ahmedabad, declares Shiv Shakti point (Statio Shiv Shakti by IAU designation, 69.373°S, 32.319°E) will be destination of Chandrayaan-4, building on successful Chandrayaan-3 mission, possibly returning sample closer to MSP than any previous NET 2028