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Tokyo-based satellite firm Axelspace plans June IPO, joining trend of Japanese space startups going public.
Tokyo-based satellite company Axelspace is planning to go public in June, aiming to list on the Tokyo Stock Exchange.
This move follows a trend of Japanese space startups seeking IPOs, with four similar companies listing in the past two years.
Axelspace's valuation is expected to be around the same as other recent space tech IPOs in Japan, benefiting from government support aimed at boosting the industry.
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La empresa de satélites Axelspace, con sede en Tokio, planea una salida a bolsa en junio, uniéndose a la tendencia de las startups espaciales japonesas que se hacen públicas.