Adelaide-based small satellite company, HEX20, has signed a Memorandum of Understanding (MoU) with India’s leading private space launch company, Skyroot Aerospace, and Japanese lunar resource development company, ispace, inc., to stimulate demand for affordable lunar satellite missions.

The partnership aims to leverage the combined technical prowess and regional networks of the three companies. Under the agreement, HEX20, Skyroot, and ispace will conduct joint market development in the Indo-Pacific region to accelerate the number of lunar orbiting satellite missions.

CEO of HEX20, Lloyd Lopez, expressed enthusiasm for the partnership, which was signed at the 74th International Astronautical Congress in Baku, Azerbaijan earlier this month.

“This marks an exciting juncture, and we aspire to adapt our platforms for forthcoming lunar missions,” said Mr Lopez.

“It exemplifies how partners with complementary technologies and expertise can collaborate to deliver value to our clients.”

The partnership will see Hex20 build further capability in the Australian space sector, and follows recent agreements inked with

Mr Lopez emphasised HEX20’s seasoned team, internally developed innovative technologies, and a reliable supply chain are the core elements that enable them to provide cost-effective solutions to the space market.