RAKUTEN SPONS.ADR 1

The Japanese government plans to grant a consortium led by Rakuten a subsidy of ¥150 billion (about USD 926 million) to develop a satellite communications network in low Earth orbit. The funding, to be paid out over three years, will cover equipment procurement and the build-out of ground infrastructure; partner is the U.S. company AST SpaceMobile. The news drove Rakuten’s stock up about 6% as Japan looks to strengthen its domestic satellite communications capabilities. » Más en de.investing.com

Rezolve Ai opens its Asia-Pacific headquarters in Singapore with a multi‑million‑dollar government investment, strengthening its presence in Southeast Asia. The company reports ARR of over $70 million, completed a $50 million equity round led by Citadel, plans to serve clients such as Rakuten and Myntra, and has an upcoming private placement with A.G.P./Alliance Global Partners and H.C. Wainwright; it is also pursuing acquisitions (GroupBy) and a Bitcoin-backed treasury strategy. » Más en de.investing.com

Rakuten Mobile reports quarterly EBITDA of 5.6 billion yen, marking another positive operating cash flow, but it continues to post operating losses. The open RAN pioneer is trying to amortize high network build-out costs via Rakuten Symphony and remains partially reliant on KDDI roaming in selected metropolitan areas. In late July 2025, the heavily delayed rollout of 5G standalone began together with Cisco and Nokia after earlier plans with NEC failed; F5 is also involved. » Más en golem.de