Axelspace Holdings has agreed with KSAT on two pieces of ground-network capacity that matter more than they sound: a new satellite-communications antenna contract and a two-year extension for an antenna it already uses. The agreements were approved on June 16 and are scheduled to be signed on June 23. They are meant to support the GRUS satellite series used in Axelspace's AxelGlobe business. The new contract covers use of a new antenna plus backup support for satellites already in operation, and would run for five years from the start of operations.
| Agreement | What it covers | Term | Planned signing |
|---|---|---|---|
| New antenna use contract | Use of a new antenna and backup support for satellites already in operation | Five years from start of operations | June 23, 2026 |
| Extension of existing antenna use | Extend the use period for an antenna already under contract | Two years from signing | June 23, 2026 |
This is the unglamorous part of a satellite business, and also the bit that determines whether service stays reliable. Axelspace says rising demand for small-satellite constellations has made it increasingly important to secure enough chances for satellites to communicate with ground stations. It has used KSAT's KSATlite service continuously since the launch of GRUS-1A in 2018, and says the latest agreements are part of the strategic collaboration expansion with KSAT it disclosed on June 3, aimed at further improving ground-station services and data solutions for the GRUS series.
KSAT also brings scale. The provider says it operates an integrated network of more than 400 antennas across 40 locations worldwide. Axelspace did not disclose the contract amounts, citing commercial secrecy, but said the amounts exceed 10% of its consolidated sales in the year ended May 2025. Even so, the company said the agreements do not change the earnings forecast it issued on April 14 for the year to May 2026.
The KSAT deal lands as Axelspace reshapes its physical footprint at home. In a separate June 16 disclosure, the group said it will keep its headquarters in Nihonbashi while moving its development base to Shinkiba, where it plans to consolidate environmental testing so design, manufacturing and testing can be run together. The stated aim is faster satellite development cycles and more stable quality as it works toward volume production. Put together, the message is fairly plain: Axelspace is trying to scale ground-side operating capacity, not just the satellites themselves.