LA PLATA, Maryland — Japan-based satellite in-orbit servicing and debris-removal service provided Astroscale reported record revenue for the nine months ending Jan. 31 and a reduced operating loss as it enforced a cost-control program and benefited from foreign-exchange gains.
The company said its backlog dropped as expected project wins took longer too negotiate, but that these contracts have only been delayed, not lost.
Confirming a trend it had signaled in recent quarters, the company said it expects to take advantage of the increase in military . . .
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