TOKYO -- Japanese space debris remover Astroscale achieved a market valuation of $1 billion in its debut on the Tokyo Stock Exchange's startup section on Wednesday, reflecting investor excitement over the space sector amid geopolitical competition and growing security tensions.
IPO
Japan space-debris cleaner Astroscale valued at $1bn in market debut
Pioneer raises $113m to accelerate investment as competition emerges
Funds raised through this IPO by Astroscale will be used for developing technologies on debris removal as well as for covering its running expenses. (Astroscale)
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