InfraOrbitThe capital behind space.
Equity raise · Completed · 23 May 2025

Astroscale ¥11.7bn international share offering

On-orbit servicing company Astroscale sold new shares to investors outside Japan, mainly to fund defence work.

Company
Astroscale
Type
Equity raise
Status
Completed
Date
23 May 2025
Value
JPY 11.7bn
US$ equivalent
US$78m
Value basis
18m new shares at ¥650 (¥11.7bn gross; ¥10.99bn paid to the company at ¥610.29 a share)
Region
Japan
Segment
Listed equity

Parties

Key terms

Offer price
¥650, a 9.97% discount to the ¥722 close on 19 May 2025
Net proceeds
about ¥10.66bn
Use of proceeds
Defence projects (¥4bn by April 2027) and other on-orbit servicing growth

Sources

  1. Astroscale Holdings TDnet notice: determination of offer price for the international offering www2.jpx.co.jp · 19 May 2025

Record ORB-INV-2025-0024. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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