ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Canon takes step into space, seeks new frontier for growth

Japanese company places faith in maverick subsidiary as old businesses falter

Canon Electronics aims to sell its CE-SAT-I microsatellite for less than $9 million.

TOKYO -- A Canon subsidiary witnessed the first successful launch for one of its microsatellites Friday, lifting the Japanese electronics group into unknown territory as it fights to overcome stagnation amid a slump in mainstay operations.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more