Never Quit the Lunar Quest

November 29, 2023

OUR VISION:EXPAND OUR PLANET.
EXPAND OUR FUTURE.
Creation of a world where the Earth and theMoon are one ecosystem, establishing a neweconomy on the Moon
At ispace, we’ve turned our attention to the Moon.
By taking advantage of lunar water resources, we aim todevelop the space infrastructure needed to enrich our daily
lives on Earth as well as expand our living sphere into space.
We also believe that integration of the Earth and Moon into
one ecosystem, which could support a new economy withspace infrastructure at its core, will support human life,
making sustainability a reality.
This result is our ultimate goal, and our search for water on theMoon is the first step to achieving that goal.

Long-term vision :MOON VALLEY 2040

Why the Moon?

Potential of the Moon as a “fuel supply base” utilizing H2O that may exist on the Moon

ENVISIONED ECOSYSTEM(1)BRINGS THE EARTH & MOON TOGETHER

H 2 O (2)
1 / 6 G (3)Decreasing costs to access deep
space areas• Costs of Mars missions• Costs of resource explorations etc.

Maintenance of infrastructure essential to sustainablehuman life aided by lunar water and the other resources• GPS• Internet• Weather forecasts etc.
(1)The image shown on this slide is for illustrative purposes only.
(2)According to several studies, water may be widely distributed across the Moon (ex: http://www.planetary.brown.edu/pdfs/5242.pdf). We believe that it may be possible to utilize hydrogen and oxygen split through electrolysis of water extracted from regolith as apotential source of fuel for future deep-space exploration. (3)As Moon has only 1/6 gravity of the Earth, the launch cost from the Moon could be theoretically lower than from the Earth.
Expand our planet. Expand our future.

copyright©ispace,inc. 2023|3

ispace, inc. at a glance
Financing track record / shareholders

General info

September 2010(1)
# of employees： 278（27 nationalities）
Founded in：% of engineers： c.68%(1)Europe office（Luxembourg）

Headquarters
Tokyo

North America office（Denver, CO）

Seed:
Series A (2017)：
Series B (2020)：
Series C (2021)：
IPO：
Bank loan 1：
Bank loan 2：

c. $2.0MM(2)c. $94.5MM(3)c. $33.1MM(4)c. $50.7MM(5)c. $48.6MM
c. $19.8MM(6)c. $37MM(7)Record for largest Series A
financing in Japan at the time

Total：c. $285MM

Venture capital / investment funds

Strategic Enterprises

INCJ, Incubate fund, Development
Bank of Japan, Airbus ventures,
Space Frontier Fund, Innovation
Engine, SPARX, THVP, Axiom Asia,
Real Tech Fund, SBI investment

Japan Airlines, KONICA MINOLTA,SUZUKI Motor Corporation, TOPPAN,
Shimizu, Dentsu, KDDI, Mitsui
Sumitomo Insurance Company,
Takasago Thermal Engineering,
SMBC Nikko Securities, TBS

Banks / financial institutions
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Data as of November 2023. Employees include management, subsidiaries and contract personnel
Actual figure in original currency is JPY 204 MM; JPY to USD conversion provided for familiarity, using FX rate for Oct 2016
Actual figure in original currency is JPY 10,350 MM; JPY to USD conversion provided for familiarity, using FX rate for Feb 2018
Actual figure in original currency is JPY 3,500 MM; JPY to USD conversion provided for familiarity, using FX rate for Jul & Dec 2020
Actual figure in original currency is JPY 5,567 MM; JPY to USD conversion provided for familiarity, using FX rate for Jul & Aug 2021
Actual figure in original currency is JPY 2,180 MM; JPY to USD conversion provided for familiarity, using FX rate for May 2021
Actual figure is JPY 5 billion; JPY to USD conversion provided for reference purposes, using an FX rate based on the past 1-month average of TTM rate in June
2022

Sumitomo Mitsui Banking Corporation, MUFG Bank, MIZUHO Bank, Japan
Finance Corporation,Shoko Chukin BANK, Shizuoka Bank, Resona, SME Support

Core servicePayload service and Partnership service are the current business pillars of ispace. We
plan to establish Data service in the future
Payload service

Data service

Partnership service

Transport customers’ payload to the Moon.
Customers will acquire significant data frompayload, by conducting experiments as needed.

Customers are expected to acquire significant datafrom payloads developed by ispace. Access to thedatabase accumulated by high frequency missions will
be provided to customers in the future.
* Net Sales have not been recorded as of March 2023.

Supporting customers’ marketing by posting logo to thelander and rover of ispace. Also, each company will
collaborate with ispace from technical or businessperspective etc.

Expand our planet. Expand our future.

copyright©ispace,inc. 2023

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MISSION 1: Launched on December 11, 2022.
Landing attempt on April 26, 2023.
Completed 8 of 10 Mission Milestones.

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月からの高度約100km地点でispaceのカメラが捉えた月と地球の写真。オーストラリアなどで日食が観測された日で、地球に映る月の影が確認できます。撮影日時：2023年4月20日（日本時間)

M1

Series 1 Lander

宇宙・ミッション検証済みハードウェア
Space & Mission-proven Hardware

M1

M2
プロセス改善Improved Processes

Series 1 LanderMission 2 ペイロード
Mission 2 Payloads
月面用水電解装置

月面探査車

Water-splitting experimentispace Micro Rover

藻類培養実験モジュール
LunaGlena

深宇宙放射線プローブ
Deep Space Radiation Probe「GOI 宇宙世紀憲章」プレート“Space Century Charter” plate※2023年11月時点の想定※Current plan as of Nov 2023

Payload Bay
ペイロードベイ内部

Micro Rover• 小型、低質量
5kg mass, compactsize• 1kgペイロード
容量1kg payload
capacity*図はイメージであり、実際の製品とは異なる場合があります。
*For illustration purposes only. Actual hardware may differ.

Mission 3

Mission 3 Overview⚫To be launched - 2026
⚫Payload Capacity - 300kg⚫NASA CLPS (Commercial Lunar Payload Service)
Payload - 95kg in total⚫Landing Location - Schrodinger Basin (Far-side)⚫2 Relay satellites

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