Progress on the Recovery of Microsatellite GRUS-1E in AxelGlobe

We would like to provide an update on the current status of GRUS-1E, an Earth observation microsatellite operated by our subsidiary, Axelspace Corporation, for its AxelGlobe business.

As announced on December 20, 2024, due to a malfunction in the attitude control system of GRUS-1E, we suspended commercial operations and have been working on its recovery. We are pleased to report that we are now able to acquire image data and have a clear outlook for resuming commercial operations.

We will provide an update once the commercial operations have officially resumed again.

For more information about AxelGlobe, please visit the AxelGlobe Website.
https://www.axelglobe.com/