Japan’s lunar lander startup Ispace wins $74 million contract from Europe

Artist rendering of Ispace’s Ultra lunar lander
Only a little more than a week after NASA canceled a major lunar lander contract with the Japan’s lunar lander startup Ispace, the company’s European division has won a $74 million lunar lander contract from the European Space Agency (ESA).
The agreement represents ESA’s commitment to funding MAGPIE, Europe’s first lunar polar ice exploration rover and its flight. MAGPIE will investigate the Moon’s south polar region, advancing scientific understanding of lunar volatiles, water ice stability and regolith properties while supporting future resource prospecting to enable lunar exploration.
The contract, valued at €65 million, funds the full remaining delivery of the MAGPIE mission, including rover and payload development, manufacture, testing, transportation to the lunar surface and lunar surface operations.
MAGPIE will fly on Ispace’s planned fourth mission, scheduled for a 2029 launch and already under construction. That lander, dubbed Ultra, is being funded by Japan’s Space Strategy Fund (designed to encourage Japanese private enterprise). This new contract apparently provides it a European payload.
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