Japanese ispace moon landing attempt falls short at 'very end,' CEO says

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Japanese ispace moon landing attempt falls short at 'very end,' CEO says
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Japanese company ispace aimed to be the first private enterprise to land on the moon, but lost communication and is investigating the attempt's result.

Japanese lunar exploration company ispace attempted to land its first cargo mission on the moon on Tuesday, but lost communication with the spacecraft and has deemed the attempt unsuccessful.

"We have not been able to confirm a successful landing on the lunar surface," Hakamada said, speaking from Tokyo, Japan. The Tokyo-based company's Mission 1 lunar lander was aiming to softly touch down around 12:40 p.m. ET in the Atlas Crater, which is in the northeastern sector of the moon. The company's uncrewed mission carried scientific research and other payloads. There were no people on board.

The company has grown steadily as it worked toward this first mission, with over 200 employees around the world – including about 50 at its U.S. subsidiary in Denver. Additionally, ispace has steadily raised funds from a wide variety of investors, bringing in $237 million to date through a mixture of equity and debt. The investors of ispace include the Development Bank of Japan, Suzuki Motor, Japan Airlines and Airbus Ventures.

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