SKY Perfect JSAT Subsidiary to Subscribe to New Shares Issued by QPS Holdings

6 March 2026 – SKY Perfect JSAT Holdings Inc. announces that SKY Perfect JSAT Corporation, a wholly owned subsidiary of SKY Perfect JSAT Holdings Inc., will subscribe to a third-party allotment of new shares to be conducted by QPS Holdings Inc. As a result of the subscription to the Third-Party Allotment, SKY Perfect JSAT’s ownership ratio in QPS Holdings Inc. is expected to increase from the current 5.90% to approximately 13.25%. QPS Holdings Inc. and its subsidiary, Institute for Q-shu Pioneers of Space, Inc., are engaged in the development, manufacturing, and operation of small synthetic aperture radar (“SAR”) satellites. By constructing a satellite constellation consisting of 36 small SAR satellites in the future, the group aims to realize “near-real-time observation,” enabling observation of most arbitrary locations on Earth at an average interval of 10 minutes, or the observation of selected areas within 10 minutes. Read more