HOUSTON–(BUSINESS WIRE)–Starlab Space LLC (Starlab) announces the company has received an investment from Sumitomo Mitsui Trust Bank, Limited (SuMi TRUST Bank).HOUSTON–(BUSINESS WIRE)–Starlab Space LLC (Starlab) announces the company has received an investment from Sumitomo Mitsui Trust Bank, Limited (SuMi TRUST Bank).

Starlab Announces Investment from Sumitomo Mitsui Trust Bank, Limited

HOUSTON–(BUSINESS WIRE)–Starlab Space LLC (Starlab) announces the company has received an investment from Sumitomo Mitsui Trust Bank, Limited (SuMi TRUST Bank).

As part of its broader initiatives to support projects addressing social and industrial challenges, including impact investments, SuMi TRUST Bank has been promoting efforts to provide financial backing for innovative ventures. The unique environment of a space station enables research and development that is difficult to achieve on Earth, offering opportunities for innovation in areas such as advanced materials and life sciences.

Through this investment, SuMi TRUST Bank will support Starlab’s efforts to develop and commercialize space station technologies, while exploring opportunities for collaboration that contribute to the advancement of space-related industries and broader industrial development in Japan and globally.

About Starlab

Starlab Space is a U.S.-led, global joint venture among Voyager Technologies (NYSE: VOYG), Airbus, Mitsubishi Corporation, MDA Space, Palantir Technologies, and Space Applications Services, with strategic partners including Hilton, Journey, Northrop Grumman, and The Ohio State University. Starlab is developing a next-generation, AI-enabled commercial space station, aiming to ensure continued human presence in low-Earth orbit and a seamless transition of microgravity science and research alongside the retirement of the International Space Station. Starlab’s advanced, user-driven design and robust capabilities make it a premier platform for scientific discovery and technological advancement in space. For more information, visit starlab-space.com.

Contacts

MEDIA CONTACT:

Lauren Quesada, lauren@griffincg.com

Market Opportunity
Intuition Logo
Intuition Price(TRUST)
$0.1108
$0.1108$0.1108
+1.74%
USD
Intuition (TRUST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52
MicroStrategy Bitcoin Strategy Faces Dilution Risks Amid Stock Decline, MSCI Review

MicroStrategy Bitcoin Strategy Faces Dilution Risks Amid Stock Decline, MSCI Review

The post MicroStrategy Bitcoin Strategy Faces Dilution Risks Amid Stock Decline, MSCI Review appeared on BitcoinEthereumNews.com. MicroStrategy stock dilution arises
Share
BitcoinEthereumNews2025/12/27 05:01