Yokogawa to Join HAKUTO-R Commercial Lunar Exploration Program as a Supporting Company

Tokyo, Japan – June 17, 2022

Yokogawa Electric Corporation (TOKYO: 6841) announces that it has signed a Supporting Company Agreement with ispace, inc. (ispace) to join HAKUTO-R, the company's lunar exploration program.

The HAKUTO-R program includes ispace's first two lunar missions: Mission 1, a soft lunar landing planned to launch in 2022*1, and Mission 2, a lunar landing and rover deployment planned to launch in 2024*2. Through these missions, the HAKUTO-R program will lay the groundwork for high-frequency lunar transportation and lunar data collection. Yokogawa Electric has agreed with ispace to participate in these missions as a Supporting Company.

Yokogawa provides advanced sensing technology, plant production control and operation monitoring systems, and solutions that integrate the latest digital technology to increase productivity and safety, supporting a wide range of industries and infrastructure that are indispensable for society. It is expected that the electrolyzation of water mined on the moon will be used to produce the hydrogen and oxygen needed for fuel and to support life. With this agreement, Yokogawa will leverage knowledge gained through the HAKUTO-R program and its own proven industrial technologies to develop measurement technology that can be effective in searching for lunar water resources for industrial use, as well as control and other technologies necessary for the hydrogen value chain, and thereby help to realize the infrastructure necessary for lunar economic activities.

Satoru Kurosu, general manager of Yokogawa Electric's Space Business Development Office, said, "Amid rising interest in the space business and commercial lunar use, we have positioned space as one of the areas for exploration in our long-term management framework. As co-members of the Lunar Industry Vision Council*3, Yokogawa and ispace have a common goal of building an internationally competitive foundation for the industry. And I am confident that the technology necessary for developing a supply chain for locally produced and consumed hydrogen in the extreme environment of the moon will also contribute toward a sustainable society on Earth."

*1 Current plan as of June 2022
*2 Current plan as of June 2022
*3 A body consisting of political, academic, and industry leaders in Japan established with the aim of fostering a cislunar ecosystem with a focus on industrialization. In July 2021, the Council compiled its first report, Lunar Industry Vision, illustrating the determination of Japanese companies to create a lunar industry that brings innovation to benefit Earth. www.lunarindustryvision.org


About Yokogawa

Yokogawa provides advanced solutions in the areas of measurement, control, and information to customers across a broad range of industries, including energy, chemicals, materials, pharmaceuticals, and food. Yokogawa addresses customer issues regarding the optimization of production, assets, and the supply chain with the effective application of digital technologies, enabling the transition to autonomous operations. Founded in Tokyo in 1915, Yokogawa continues to work toward a sustainable society through its 17,000+ employees in a global network of 122 companies spanning 61 countries. For more information, visit www.yokogawa.com

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