TOKYO -- Japanese space startup iQPS will accelerate its expansion drive after making its debut on the Tokyo stock market on Wednesday, hoping to mass produce compact and inexpensive radar satellites and create a satellite constellation.
The Fukuoka-based startup raised $27 million, or 4 billion yen, in its initial public offering, and its shares opened at 860 yen vs the initial offering price of 390 yen, before closing at 710 yen in their first day of trading on the Tokyo Stock Exchange.
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