Yamato Holdings Corporation (Head Office: Chuo-ku, Tokyo; President and CEO: Yutaka Nagao) has invested in AXELSPACE Holdings Corporation (Head Office: Chuo-ku, Tokyo; CEO: Yuya Nakamura), a company that develops businesses utilizing small satellites, through the “KURONEKO Innovation Fund” .
AXELSPACE HD is the holding company of AXELSPACE Corporation (“AXELSPACE”), which develops businesses utilizing small satellites. AXELSPACE is engaged in the development, mass production, and operation of small satellites at low cost, as well as the development of solutions to analyze earth observation data images acquired by small satellites operated by the company. By mass-producing a wide variety of small satellites at low cost and developing and providing technologies that enable the automated operation of these small satellites, AXELSPACE is able to offer low-cost services for owning and using small satellites. In addition, the company’s technology has been selected by the Japanese government for the Economic Security Critical Technology Development Program.
The KURONEKO Innovation Fund made the investment in recognition of the small satellites manufactured by AXELSPACE, which is expected to promote space utilization in industry and society, and its satellite data sales business based on its own operations. By including AXELSPACE HD in the fund’s portfolio, the fund will deepen its knowledge of the supply chain in the space industry and explore new business possibilities.