Mitsubishi Corporation completed the acquisition of a minority stake in Starlab Space from Airbus and Voyager Technologies.

Mitsubishi Corporation, offering industrial financing, logistics, development, information, metals, machinery, energy, and chemical services, completed the acquisition of a minority stake in Starlab Space, a business of designing, building, and operating commercial space stations, from Airbus, an aerospace products provider, and Voyager Technologies, a defense and space technology company. Financial terms were not disclosed. “We are excited to join forces with Starlab, a best-in-class team comprising Airbus and Voyager, to drive innovation and catalyze advancements in space exploration. Together, Mitsubishi Corporation and Starlab aim to open the commercial Low Earth Orbit (LEO) marketplace and create lasting value for global companies and industries,” Mikito Nakaniwa, Mitsubishi Corporation Division COO, Infrastructure, Ship & Aerospace Division.