SPACE WALKER Inc. (Head office: Minato-ku, Tokyo, hereinafter “SPACE WALKER”), IHI Corporation (hereinafter “IHI”), and IHI Aerospace Corporation (hereinafter “IHI Aerospace”) signed a memorandum of understanding on August 1, 2018, for the purpose of building a cooperative system to provide technical support for the promotion of SPACE WALKER’s manned flight business (hereinafter “the business”) using a winged suborbital space transportation system.

The assumed roles in this project are as follows:

○ SPACE WALKER
The business strategy, customer negotiations, aircraft development and operation, etc.

○ IHI and IHI Aerospace

LNG (Liquid Natural Gas) Development of propulsion systems and operation support.