Date: Mar 14, 2018 Source: Bloomberg (
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Kanematsu Corporation announced that it has entered into an exclusive representative agreement with Vector to sell its products and services in Japan and three Asian countries including India, Thailand and South Korea. Based on the execution of this representative agreement, Kanematsu Corporation will provide customers with services stimulating demand for micro-satellite launch throughout Asia. With many new launch service opportunities materializing across Asia, Vector is looking forward to establishing a presence in the region through the partnership with Kanematsu Corporation. Despite growing demand in the micro satellite launch market, customers can only launch these micro satellites using heavy, large launch vehicles, often waiting years for their launch. Vector changes the way company's access space by providing a service dedicated to small satellites that enables customers to launch their 150 kg class micro satellites into a desired orbit at their preferred timing, at a much lower cost.
