Key facts: NEC wins JAXA grant for OTV; completes 2,250km Micronesia cable

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2026.05.16 00:14
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NEC (6701) won a JAXA grant under Japan’s Space Strategy Fund to develop an Orbital Transfer Vehicle for moving satellites to GEO, lunar orbits and deploying multiple small satellites.1NEC Corporation (6701) completed the 2,250 km East Micronesia submarine fiber cable, delivering first optical links to Kosrae, Tarawa and Nauru; ownership handed to local operators.2