Astroscale aims to become the first commercial company to capture a spacecraft and de-orbit it. Credit: Astroscale
WASHINGTON — Satellite servicing company Astroscale is working to transition from technology demonstrations to a regular series of missions, bolstered by a recent capital infusion.
The Tokyo-based company reported 11.5 billion yen ($71.1 million) in project income for its 2026 fiscal year, which ended April 30. That project income, which includes both contract revenue and government subsidies, was nearly double the 6.1 billion yen recorded in 2025.
Astroscale reported an operating loss of 10 billion yen for the year, an improvement from the 18.8 billion yen loss the company had in 2025, according to financial statements the company released June 12.
Both the income and operating loss were within the company’s forecast for the year. For the 2027 fiscal year that started May 1, the company is projecting project income in the range of 12.5 billion yen to 17 billion yen. However, the company expects its operating loss to remain about the same, from 9 billion yen to 9.9 billion yen.
