Radar satellite operator Synspective: Share price has doubled in 12 months, near-term goal is ramping satellite production

by Peter B. de Selding

LA PLATA, Maryland — Radar satellite constellation operator Synspective Inc. of Japan reported a 4% increase in revenue for the three months ending Sept. 30 and a wider operating loss as the company focuses on expanding satellite production and growing its in-orbit fleet to 30 satellites by the end of the decade.

Synspective currently has four operational satellites in orbit, with its three first spacecraft been retired. Its current business is focused on the substantial expansion in Japanese government spending on satellites for security and military use.

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