LA PLATA, Maryland — Satellite servicing and debris-removal company Astroscale reported a tripling of revenue and a sharp reduction in its operating loss for the three months ending Oct. 31 and said government policy in all three of its operating regions — Japan, the United States and Europe — is moving to adopt technologies where Astroscale has expertise.
The company reported a positive gross profit of 23 million Japanese yen ($147,600) for a 0.9% gross margin, after a 4.3-billion-yen loss a year earlier following a large loss provision . . .
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