Astroscale Raises $109M For Its On-Orbit Services Technology

Nov 25, 2021•over 3 years ago

Amount Raised

$109 Million

Description

Japanese space startup Astroscale has raised $109 million in a new Series F round of financing, brining the company’s total funding raised to date to $300 million. The company specializes in on-orbit servicing technology, designed to help reduce the amount of debris that exists in operating orbital altitudes, and also to extend the life of existing satellites as a means of making orbital businesses more sustainable.

Company Information

Company

Astroscale

About

The company specializes in on-orbit servicing technology, designed to help reduce the amount of debris that exists in operating orbital altitudes, and also to extend the life of existing satellites as a means of making orbital businesses more sustainable. The company still has a second part of that mission coming up before year’s end, and it’s also progressing with its plan to demonstrate orbital debris removal for the Japan Aerospace Exploration Agency (JAXA) in a mission set for early next year.

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