Astroscale raises $76 million in private investment capital from Mitsubishi, space tourist Maezawa, and others
The Japanese startup Astroscale, which is focused on removing orbital space junk and robotic satellite repair, has raised $76 million in private investment capital, bringing the total it has raised from private sources to $376 million.
Astroscale Holdings Inc. (“Astroscale”), the market leader in satellite servicing and long-term sustainability across all orbits, has closed a Series G round with more than U.S. $76 million in funding from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.
The investors are of interest. Billionaire Maezawa, who has already flown to ISS as a tourist and has purchased a lunar mission on SpaceX’s Starship, contributed $23 million of the $76 million. Mitsubishi in turn has contributed at least $25 million. Both suggest Astroscale is now on very solid financial ground.
It also appears that the big players in Japan see Astroscale’s business plan as viable and expected to be profitable.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
The Japanese startup Astroscale, which is focused on removing orbital space junk and robotic satellite repair, has raised $76 million in private investment capital, bringing the total it has raised from private sources to $376 million.
Astroscale Holdings Inc. (“Astroscale”), the market leader in satellite servicing and long-term sustainability across all orbits, has closed a Series G round with more than U.S. $76 million in funding from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.
The investors are of interest. Billionaire Maezawa, who has already flown to ISS as a tourist and has purchased a lunar mission on SpaceX’s Starship, contributed $23 million of the $76 million. Mitsubishi in turn has contributed at least $25 million. Both suggest Astroscale is now on very solid financial ground.
It also appears that the big players in Japan see Astroscale’s business plan as viable and expected to be profitable.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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