ispace Receives "Equity Deal of the Year" at DEALWATCH AWARDS 2025

ispace Co., Ltd. (Chuo-ku, Tokyo; Representative Director: Takeshi Hakamada; Securities Code: 9348) has been awarded "Equity Deal of the Year" at the "DEALWATCH AWARDS 2025" *¹ hosted by the London Stock Exchange Group, for its "public offering and third-party allotment of new shares and overallotment of shares" implemented in October 2025.

*¹ Source: DEALWATCH AWARD 2025

This award was established with the aim of fostering and expanding Japan-related capital markets, and recognizes comprehensive evaluations of price formation and contributions to market development after transitioning to the primary and secondary markets, as well as ingenuity.

This award is an evaluation of our efforts regarding capital policy through dialogue with the market. Our financial priority is to achieve mission monetization as soon as possible and build a stable financial foundation in the medium to long term, and we will continue to work on business development.

We kindly ask for the continued support of our shareholders, who number over 100,000 (as of September 2025), including individual investors, global institutional investors, and strategic partners, who support us daily.

■ About ispace Co., Ltd. ( https://ispace-inc.com/jpn/ )

A space startup company working on lunar resource development with the vision "Expand our planet. Expand our future. ~Expanding human living spheres into space for a sustainable world~". It operates from three bases in Japan, Luxembourg, and the United States, with approximately 350 staff members currently. Established in 2010, it operated "HAKUTO," one of the five teams that reached the final selection of the Google Lunar XPRIZE race. It develops small landers (lunar landers) and rovers (lunar exploration vehicles) aimed at providing high-frequency, low-cost transportation services and data services to the Moon. Aiming to become a gateway for private companies to conduct business on the Moon, it also aims to provide Luna-Connect services centered on communication and positioning, utilizing its own satellites orbiting the Moon. In 2023, it carried out Mission 1, the world's first attempt at a lunar landing by a private company. In 2025, Mission 2 was carried out, demonstrating reliable transport capability to lunar orbit and the lander's attitude control and guidance control functions. As early as 2027, it plans to launch one lunar orbiting satellite into lunar orbit as a new Mission 2.5. In 2028 i, it plans to launch a new Mission 3 (formerly Mission 4) using the lander model "ULTRA" (Ultra), which is being developed under the leadership of the Japanese base with the utilization of METI's SBIR subsidy, followed by a new Mission 4 (formerly Mission 6) aiming for high-precision landing near the South Pole in 2029 ii. Furthermore, the launch of a new Mission 5 (formerly Mission 3) (official name: Team Draper Commercial Mission 1), led by the US base, is scheduled for 2030 iii, a plan that will also contribute to NASA's "Artemis Program."

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i The launch period is planned as of April 2026 and may change in the future. The project implementation period for the SBIR (Small Business Innovation Research) program's public theme "Development and Operational Demonstration of a Lunar Lander," for which the company was selected as a subsidy recipient, is in principle set for FY2027. Mission 4, which is eligible for subsidies under the SBIR program, was initially agreed with the Ministry of Economy, Trade and Industry and the SBIR Secretariat to be launched in 2027. However, as of April 2026, due to the company's internal development plan, it is now expected to be launched in 2028. This change is currently under adjustment with the relevant ministries and the SBIR Secretariat, and the final plan change will be formally approved by the Ministry of Economy, Trade and Industry.

ii As of April 2026

iii This US mission is a mission for which our company, as a member of Team Draper, was selected for NASA's CLPS task order CP-12, and the execution of CP-12 under the new schedule is awaiting formal approval from NASA.