SINGAPORE — Satellite fleet operator Sky Perfect JSat of Japan is making good on its promise of a wholesale redirection of its space business by investing a planned 150 billion yen ($1.1 billion) through 2030 in new satellites and new business niches with the expectation of generating a net income in 2030 of 21 billion yen, or $150 million.
Space division capex increase for fiscal-year 2023, which began in April, is scheduled to rise 72%, to 25.3 billion yen.
Some of the plans for this . . .
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