Astroscale Receives $22 Million Loan Agreement

Astroscale signed a loan agreement of about $22 million from Japan's Mizuho Bank, the satellite servicing company said Tuesday. It said the funding will support current and future projects and accelerate its business development efforts. The loan agreement "provides Astroscale with greater financial flexibility to achieve our objective of establishing routine on-orbit services,” said CEO Nobu Okada. The company cut the ribbon on the Denver headquarters of its U.S. operations Monday.