INTERNATIONAL — MUTUAL STEPS WITH MITSUBISHI ELECTRIC

Sirin Orbital Systems AG receives a non-binding Letter of Interest / Support from MITSUBISHI ELECTRIC CORPORATION for collaboration in the field of Wireless Power Transfer (WPT) to flying objects (ENG-3).

Mitsubishi Electric Corporation is a pioneer of space technology development in Japan since the 1960s and is strongly committed to international space development and satellite construction. Founded in 1921, Mitsubishi Electric Corporation is one of the world’s leading names in the manufacture and sales of electrical and electronic products and systems used in a broad range of fields and applications.

Sirin Orbital Systems AG strongly believes partnering with Mitsubishi Electric Corporation advances efforts toward the development and commercialization of the intended wireless power transfer technology. It will lead to a large market potentials in various business fields such as infrastructure monitoring, logistics, and agriculture.