Melco's win of the 9th Engineering Test Satellite (ETS-9) for Japan's Jaxa space agency will trigger a nearly $100-million investment in the Kamakura satellite manufacturing facility, to be completed by mid-2019. Melco is still predicting growth in its space revenue in the next decade, but at a reduced rate from forecasts it made in 2013 during the plant's previous expansion. Credit: Melco
PARIS — Satellite builder Mitsubishi Electric Co. (Melco) on April 7 said it would invest 11 billion yen ($94 million) to expand its Kamakura satellite production facility on the heels of winning . . .
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