This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260114413353/en/

Naol Debele, Chief Executive Officer of Jethi (left), and Yuya Nakamura, President and CEO of Axelspace, at the signing ceremony on January 13 in Ethiopia

The MoU was signed by Naol Debele, Chief Executive Officer of Jethi, and Yuya Nakamura, President and CEO of Axelspace. The signing ceremony, held in Ethiopia on January 13 (local time), was attended by representatives of the Space Science and Geospatial Institute (SSGI) of Ethiopia, members of the Jethi Board of Directors and invited guests, in an official and protocol capacity.

Axelspace positions the expansion of EO data utilization in emerging markets, including Africa, as a key medium- to long-term strategic priority. Through this collaboration, Axelspace aims to support locally driven, data-informed solutions.

Under the MoU, Axelspace will provide EO data and know-how for its utilization across priority sectors, including agriculture, environmental and forest conservation, disaster risk management and climate resilience, urban planning and infrastructure development. Jethi will lead the establishment of a local framework for EO data utilization in Ethiopia, coordinating with relevant stakeholders to integrate satellite data with local information and institutional requirements. The partnership aims to identify priority challenges, develop scalable solutions that combine EO data with local information, and foster the growth of a sustainable ecosystem for satellite data utilization in Ethiopia.

Axelspace is participating in the "Emerging Countries Working Group", which was launched in 2024 by Cross U, a general incorporated association, to promote space business co-creation between Japan and African countries.

"With the economic development of emerging countries, including those in Africa, the demand for satellite data utilization is expected to increase significantly," said Yuya Nakamura, President and CEO of Axelspace. "We will work to build win-win relationships that create new value with local public and private sector partners, leveraging Japan's advanced technological capabilities and expertise to contribute to the long-term development of a platform for satellite data utilization."

For the full press release, please visit: https://www.axelspace.com/news/mou_ethiopia/

View source version on businesswire.com: https://www.businesswire.com/news/home/20260114413353/en/

Contact

Media ContactAxelspace Holdings CorporationE-mail: [email protected]

© 2026 Business Wire, Inc.Disclaimer:This press release is not a document produced by AFP. AFP shall not bear responsibility for its content. In case you have any questions about this press release, please refer to the contact person/entity mentioned in the text of the press release.