---
title: "ispace Expects No Earnings Hit From NASA–Draper CP-12 Exit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292685871.md"
description: "ispace, Inc. announced that NASA and Draper Laboratory mutually terminated their CLPS Task Order CP-12 contract, leading to the end of ispace's related subcontract. The company stated this termination will not impact its consolidated earnings forecast for the fiscal year ending March 31, 2027, as the revenue was already excluded due to prior schedule shifts. ispace remains focused on its ULTRA lunar lander missions and other commercial opportunities."
datetime: "2026-07-14T23:52:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292685871.md)
  - [en](https://longbridge.com/en/news/292685871.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292685871.md)
generator: "portal-rs"
---

# ispace Expects No Earnings Hit From NASA–Draper CP-12 Exit

The latest update is out from ispace,inc. ( (JP:9348) ).

ispace, inc., a Tokyo-listed commercial lunar exploration company, is developing lunar landers and transportation services for NASA and other space-related customers via its U.S. subsidiary. The firm partners with organizations such as The Charles Stark Draper Laboratory on guidance, navigation and control software and mission work, aligning itself with the growing market for Commercial Lunar Payload Services.

The company has disclosed that NASA and Draper have mutually ended their CLPS Task Order CP-12 contract, and as a result the related subcontract between ispace-U.S. and Draper is expected to be terminated. ispace says the change will not affect its consolidated earnings forecast for the fiscal year ending March 31, 2027, as CP-12 revenue had already been excluded following earlier schedule shifts to its ULTRA lunar lander missions.

Management indicated that any future material financial effects from the contract termination will be announced promptly, signaling that while the CP-12 opportunity is falling away, the company’s near-term financial guidance and broader mission roadmap remain intact.

**More about ispace,inc.**

Tokyo-based ispace, inc. is a commercial lunar exploration company focused on developing lunar landers and providing lunar transportation and related services. Through its U.S. subsidiary, ispace technologies U.S., inc., the company targets NASA and other space-sector customers, positioning itself within the emerging Commercial Lunar Payload Services market.

ispace also collaborates with U.S. space and defense contractors such as The Charles Stark Draper Laboratory, Inc. on guidance, navigation and control software and mission development, underscoring its role as a technology partner in international lunar missions.

The company is listed on the Tokyo Stock Exchange Growth Market under securities code 9348 and structures its activities around multi-mission lunar programs, including its newly announced ULTRA lunar lander series.

**Average Trading Volume:** 2,575,128

**Technical Sentiment Signal:** Sell

**Current Market Cap:** Yen65.11B

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**