The additional investment makes Astroscale the most funded on-orbit servicing company globally and most funded space venture in Japan.
TOKYO, October 13, 2020 (Astroscale PR) – Astroscale Holdings Inc. (“Astroscale”), the market-leader in securing long-term orbital sustainability, today announced it has closed its Series E round with additional funding of U.S. $51 million from a group of investors led by aSTART Co., Ltd. (“aSTART”). This latest round brings the total investment raised to U.S. $191 million and makes Astroscale the most funded on-orbit services and logistics company globally and most funded space venture in Japan.
The significant investment raised since its founding in 2013 has allowed Astroscale to establish a global footprint across five countries and grow to over 140 team members. Each of the five global offices are working in concert to achieve the Astroscale mission of safe and sustainable development of space for future generations.
Astroscale Japan is on schedule to ship the pioneering End-of-Life Services by Astroscale-demonstration (ELSA-d) mission, the world’s first demonstration of commercial orbital debris removal.
Astroscale U.K. is leading the development of the In-Orbit Servicing Control Centre – National Facility, which will form the basis for satellite servicing mission operations.