LA PLATA, Maryland — Satellite servicing, life-extension and debris-removal service provider Astroscale reported a 13.9% drop in revenue for the 12 months ending April 30 and a wider operating loss but posted positive gross profit in the second half of the year.
Tokyo-based Astroscale, with major operations in Britain and the United States in addition to Japan, forecasted a sharp turnaround in the current fiscal year based on an order backlog that stood at 30.7 billion yen ($215.6 million) at April 30 — up four-fold from . . .
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