Business Wire
10 Jun 2026, 03:00 UTC · 7h ago
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Mitsubishi Electric has been awarded a government subsidy to develop Inter-Orbit Transportation Vehicles (OTVs). — Government funding reduces R&D costs and provides a guaranteed revenue stream for high-tech aerospace development.
+0.30The project is part of the 2nd Phase of the Space Strategy Fund managed by JAXA. — Alignment with a national strategic fund signals long-term state support for the company's space segment.
+0.10Which stocks this story touches
The company was awarded a government subsidy to develop inter-orbit transportation vehicles.
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