Astroscale – level 1
10-06-2024 07:00
The Earth has a lot of space junk around it, like old satellites. This is a problem. But it is also a chance for some companies.
The Japanese company Astroscale has a good start on the stock market. Its shares go up 51%. Astroscale has help from Japan, the US, and the UK. They want to make a tool to catch old satellites and junk. The tool will push them to Earth. They will burn in the atmosphere. There are about 10,000 tons of space junk. It is dangerous for working satellites and space stations.
Other space companies in Japan, like Moon Explorer iSpace and IQPS, are also doing well. Tokyo wants to give a lot of money to make the space industry bigger and safer.
Difficult words: junk (things which we do not want or need anymore), stock market (a place where companies and people can buy parts of other companies), share (one part of a company which you can buy).
You can watch the original video in the Level 3 section.
What is the purpose of the tool that Astroscale is developing and why is it necessary?
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