ElevationSpace Inc. (CEO: Ryohei Kobayashi, hereinafter "the Company") has been selected as a "Domestic Provider of an On-orbit Platform for Verification and Testing" under the Space Strategy Fund Program operated by the Japan Aerospace Exploration Agency (JAXA).To Provide a Verification and R&D Platform in Space for Payload Recovery and Analysis on EarthAn on-orbit verification provider refers to an organization that carries a customer's payload on a satellite and provides operational services in orbit around the Earth. The Company has been registered as an on-orbit verification organization (priority 1 group) that can coordinate launches in Japan.The Company is developing small satellite platforms that enable research institutes and companies to verify technology and develop new products in space, and bring the results back to Earth via recovery capsules.Following this selection, the Company will further the development of platforms to provide on-orbit verification and research to partners, and contribute to technology and product development through space utilization.