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Business Wire
6 hours ago
- Business
- Business Wire
ispace Completes Success 8 of Mission 2 Milestones
TOKYO--(BUSINESS WIRE)--ispace, inc. (ispace) (TOKYO: 9348), a global lunar exploration company, announced today that the RESILIENCE lunar lander has successfully completed all orbital maneuvers while in lunar orbit and is now being prepared for its landing attempt on June 6, 2025. This marks the completion of Success 8 milestone of Mission 2 'SMBC x HAKUTO-R Venture Moon.' RESILIENCE conducted a lunar orbital control maneuver at 5:27 p.m. JST (08:27 UTC) on May 28, 2025, to move into a circular orbit around the Moon in accordance with the mission operation plan. The operation required an engine burn of approximately 10 minutes, the longest to date on Mission 2. Since then, the lander has been in a 100 km orbit around the Moon and completes a full orbit every 2 hours. After RESILIENCE completed the orbital control maneuver, ispace engineers in the Mission Control Center in Nihonbashi, Tokyo, Japan worked to confirm the precise orbit in advance of the landing sequence. The RESILIENCE lander, which reached lunar orbit on May 7, 2025 (JST), orbited the moon in an elliptical orbit with a perilune (closest point to the moon) altitude of approximately 70 km and an apolune (farthest point from the moon) altitude of approximately 5,800 km. After performing three orbital control maneuvers, it reached a circular orbit around the moon at an altitude of approximately 100 km. A lunar landing is scheduled for no earlier than June 5, 2025 (UTC) (June 6, 2025, JST). The RESILIENCE lander is scheduled to begin descent from its current circular orbit. During the descent phase, the lander will automatically fire its main propulsion system to gradually decelerate and adjust its attitude, with the goal of achieving a soft landing on the lunar surface. 'Having completed eight of 10 mission milestones, RESILIENCE is now ready to attempt a historic landing on the Moon, carrying not only the payloads of our customers but also the hopes of our employees, their families, our partners and all of our supporters,' said Takeshi Hakamada, Founder & CEO of ispace. 'We have leveraged the operational experience gained in Mission 1 and during this current voyage to the Moon, and we are confident in our preparations for success of the lunar landing.' LANDING EVENT LIVE STREAM DETAILS ispace will host a global live stream event with coverage of RESILIENCE's landing attempt on the Moon on June 6, 2025 (JST) (June 5, 2025, depending on location). The coverage will be broadcast in Japanese with English translation provided. Please see links below to watch. Before the lunar orbit insertion, RESILIENCE completed all deep space orbital maneuvers on April 24, 2025, at 10:00 UTC, returning the lander from deep space near to the Moon to complete the orbit injection. At its furthest distance, RESILIENCE was 1.1 million kilometers from Earth. Before that, RESILIENCE completed a lunar flyby, verifying operation of the main propulsion system, as well as the related guidance, control, and navigation system. Following the flyby, the lander continued its deep space journey, spending approximately two months in a low-energy transfer orbit. RESILIENCE was launched on a SpaceX Falcon 9 rocket at 6:11:39 UTC, Jan. 15, 2025, and was successfully deployed from the rocket at 7:44:24 UTC. The RESILIENCE lander has completed the Earth orbit as well as the lunar flyby, known as Success 5. It has completed the low energy transfer orbit with completion of all deep space and lunar orbit maneuvers is preparing for the landing sequence. Mission 2 Milestones ispace has released a transparent set of criteria known as Mission 2 Milestones between launch and landing and aims to achieve the success criteria established for each of these milestones. The results from this mission as part of the HAKUTO-R lunar exploration program, will be weighed and evaluated against the criteria and lessons learned will be incorporated into future missions already in development. Mission 2 Payloads On board the RESILIENCE lunar lander are commercial customer payloads including: Water electrolyzer equipment: From Takasago Thermal Engineering Co. Food production experiment: A self-contained module from Euglena Co. Deep space radiation probe: Developed by the Department of Space Science and Engineering, National Central University, Taiwan Commemorative alloy plate: Developed by Bandai Namco Research Institute, Inc. and modeled after 'Charter of the Universal Century' from the animation Mobile Suit Gundam UC TENACIOUS micro rover: Developed by ispace-EUROPE, this rover will explore the landing site, collect lunar regolith, and relay data back to the lander. It will be equipped with a forward-mounted HD camera and a shovel. Moonhouse: A model house by Swedish artist Mikael Genberg that will be mounted on the rover. The RESILIENCE lander will serve as a cultural artifact, carrying a UNESCO memory disk that preserves linguistic and cultural diversity. ispace is leveraging its global presence through its three business units in Japan, the U.S., and Luxembourg, for the simultaneous development of upcoming missions. Mission 2, featuring the RESILIENCE lunar lander, is led by ispace Japan and was launched on Jan. 15, 2025. It is currently scheduled to land on the Moon on June 6, 2025 (JST). During the mission, the TENACIOUS micro rover, developed by ispace Europe SA, is set to be deployed on the lunar surface to conduct a technological demonstration of regolith extraction as well as mobility on the lunar surface. Team Draper Commercial Mission 1 is also known as ispace's Mission 3. Mission 3, debuting the APEX 1.0 lunar lander, is expected to launch in 2027. The company's fourth mission, which will utilize the Series 3 lander, currently being designed in Japan, is scheduled to be launched by 2027. About ispace, inc. ( ispace, a global lunar resource development company with the vision, 'Expand our planet. Expand our future.', specializes in designing and building lunar landers and rovers. ispace aims to extend the sphere of human life into space and create a sustainable world by providing high-frequency, low-cost transportation services to the Moon. The company has business entities in Japan, Luxembourg, and the United States with more than 300 employees worldwide. For more information, visit: and follow us on X: @ispace_inc.
Yahoo
a day ago
- Business
- Yahoo
Bitcoin Mining Difficulty Is Set to Reach Record High Amid Surging Hashrate
Bitcoin BTC mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased participation by miners that makes the blockchain more secure. The adjustment is likely to finalize within the next 100 blocks, with projections showing the measure will rise about 4% to 126.95 trillion (T), eclipsing the current 123 T record. Difficulty was 109 T at the start of the year, according to Coinwarz. The increase reflects growing long-term confidence in bitcoin's value, even as on-chain activity and transaction fees remain low. Difficulty is adjusted every 2,016 blocks, and is driven by the network hashrate, which measures the total computational power dedicated to securing the network. The hashrate's seven-day moving average is now 918 exahashes per second (EH/s), having risen from 840 (EH/s) over the past two weeks. With previous peaks at 925 EH/s, any further increase would mark a new record high in hashrate. Despite the increase in mining activity, transaction fees remain exceptionally low. A high-priority transaction currently requires only 2 satoshis per virtual byte (sat/vB), equating to roughly $0.30. The higher the fee, the faster a transaction will be confirmed, as miners prioritize transactions that pay more. These figures suggest that while transaction demand on the Bitcoin network is subdued, mining power continues to scale to new heights, highlighting a divergence between usage and infrastructure growth. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
SUI Plunges 9% Amid Flash Crash and Extraordinary Selling Volume
SUI plummeted 9.25% from $3.72 to $3.38, with heaviest selling during midnight hours UTC on volume 78% higher than daily average The recent correction comes amid broader geopolitical tensions affecting cryptocurrency markets globally. While Bitcoin has shown resilience above critical resistance zones, SUI has faced downward pressure despite strong fundamentals. The Cetus Protocol exploit that resulted in $223 million in stolen assets (with $162 million frozen) has created uncertainty, though the Sui community appears poised to approve a recovery plan with 71% of validators already voting "yes" to return the frozen funds. SUI-USD dropped from a high of $3.728 to a low of $3.383, representing a 9.25% correction. Strongest selling pressure occurred during the midnight hour (00:00) with 4.0% price drop on 78% higher-than-average volume. Strong resistance established at $3.55 level. Recovery attempts visible at $3.42 support with above-average volume during 01:00-02:00 period. Lower highs forming a descending trendline, indicating continued bearish pressure. Flash crash occurred between 09:37-09:38, with price plummeting from $3.45 to $3.40. Extraordinary volume of 4.3 million units recorded during the flash crash. V-shaped reversal pattern formed, reclaiming approximately 60% of losses. Price stabilization around $3.43-$3.44 range. Key support at $3.40 showing substantial buying interest across multiple timeframes. New resistance formed at $3.45-$3.46, creating a consolidation range. Diminishing selling pressure suggests potential near-term stabilization.
Cision Canada
a day ago
- Business
- Cision Canada
Bybit Earnival Unlocks 4 Weeks of Golden Rewards
DUBAI, UAE, May 30, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to raise the stakes for Bybit Earn users in a four-week long rewards program, the Bybit Earnival. From now to June 22, eligible Bybit users may sign up for the event for a chance to earn up to 555% APR and Gold Tokens. With paradigm shifts taking place in the global investment landscape, Bybit Earn offers a wide range of yield-bearing products catered to the diverse needs of traders. The offerings unlock access to beginner products with guaranteed returns such as flexible staking, advanced savings products at various risk levels, and tokenized real-world assets including XAUT, a digital token backed by physical solid gold. For four weeks in a row, Bybit users may check into Bybit Earn for a rewarding experience packed with exclusive perks: New User Exclusives: Users new to Bybit Earn can enjoy a boost for Fixed Savings products of up to 555% APR on USDT. The offer applies in the first two days after their initial deposit and staking of 100 to 300 USDT. Extra APR Savings Products Every Week: Limited-time savings products with highly competitive APRs, starting at 500 USDT in net deposit, are refreshed daily at 6 AM UTC, with new offers launching every Monday at midnight. Weekly Leaderboard Prize: Participants who acquire 3,000 USDT or more weekly in eligible Earn products can compete on the weekly leaderboard to win up to 1,000 USDT in Gold Tokens. Rankings update daily, and rewards are distributed within 7–14 days. The event is open to verified retail customers with Savings service enabled on Bybit to ensure a fair and even level competition. Bybit Earn is a popular tool for Bybit users to maximize the earning potential of their idle crypto assets on the trading platform. With a focus on consistent yield and regular promotions for higher APR, Bybit Earn is trusted by millions of users on Bybit, the one-stop solution for all their crypto needs. Terms and conditions apply. For details and eligibility, users may visit Bybit Earnival. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Yahoo
a day ago
- General
- Yahoo
China launches Tianwen-2 to chase Moon-origin asteroid, explore hybrid comet
China has launched its most ambitious deep space mission yet. On Wednesday, the Tianwen-2 probe lifted off atop a Long March 3B rocket at 1:31 pm Eastern (17:31 UTC) from the Xichang Satellite Launch Center in Sichuan province. The mission aims to collect samples from a near-Earth asteroid and later survey a comet in the main asteroid belt, marking the country's first asteroid sampling effort. Tianwen-2 is now en route to asteroid 469219 Kamoʻoalewa (2016 HO3), a small rocky body orbiting close to Earth. The probe is expected to reach the asteroid in mid-2026 and return samples to Earth in 2027. After the sample return, it will continue its journey toward comet 311P/PANSTARRS, with arrival expected around 2035. The China Aerospace Science and Technology Corporation (CASC) confirmed the successful launch just over an hour after liftoff. Xinhua reported that 'the spacecraft unfolded its solar panels smoothly,' and the China National Space Administration (CNSA) officially declared the mission a success. Discovered in 2016 by researchers in Hawaii, Kamoʻoalewa is believed to be a fragment of the Moon. Scientists hope to analyze its structure, mineral content, and origin. It is roughly 40 to 100 meters in diameter. Depending on surface conditions, the mission will employ three sampling methods — hover sampling, touch-and-go, and anchored drilling. Tianwen-2 will then use Earth's gravity to redirect itself toward comet 311P. The comet orbits between Mars and Jupiter and displays asteroid-like behavior, making it ideal for studying transitional objects in the solar system. Reaching and sampling small celestial bodies is more challenging than orbiting planets. The mission must navigate weak and irregular gravity fields, which rule out traditional orbiting methods. 'These bodies have extremely weak and irregular gravity fields,' Franco Perez-Lissi, Ramses mission systems engineer at the European Space Agency (ESA), told SpaceNews. 'So we cannot rely on traditional orbiting like we do around the planet.' Tianwen-2 must closely match the asteroid's rotation and speed for successful sampling. Perez-Lissi likened the maneuver to 'trying to dock a boat with a mountain floating in space and tumbling really unpredictably and with almost no gravity.' The probe carries 11 science payloads, including spectrometers, high-resolution cameras, a radar sounder, and particle detectors. These will study the composition, geological features, magnetic fields, and solar wind interactions at both the asteroid and the comet. Past missions like NASA's OSIRIS-REx and JAXA's Hayabusa2 have returned organic materials, including amino acids and nucleobases—key building blocks of life. Tianwen-2 follows the successful Tianwen-1 Mars mission and precedes plans for Mars sample return and Jupiter system exploration. These missions are part of a long-term roadmap that includes the International Lunar Research Station and a Venus sample return. According to Xinhua, Shan Zhongde, head of the CNSA, 'expressed his expectation of yielding groundbreaking discoveries and expanding humanity's knowledge of the cosmos.' China continues to invest heavily in space, with its Tiangong space station now operational and a crewed Moon mission planned for later this decade. Tianwen-2 could mark another leap forward in China's 'space dream,' as articulated by President Xi Jinping.
