TOKYO -- Japan's Axelspace Holdings debuted Wednesday on the Tokyo Stock Exchange at double its initial offer price, raising cash for plans to launch more Earth observation microsatellites into orbit next year.
IPO
Japan microsatellite startup Axelspace skyrockets in Tokyo IPO
Company seeks growth for Earth observation data used in finance, resource development
Axelspace Holdings CEO Yuya Nakamura, center, is flanked by executives during the company's IPO at the Tokyo Stock Exchange on Aug. 13. (Photo by Aya Onishi)
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