Axelspace and JX Press Start Demonstration of Fast Satellite Imagery Distribution Service for the Media

The collaboration will allow fast delivery of fresh satellite images in emergencies

TOKYO (Axelspace PR) — Axelspace Corporation and JX Press Corporation today announce to jointly conduct a demonstration experiment for a next-generation news service using satellite data. As the first step, Axelspace and JX Press deliver satellite images of the large-scale landslide in Japan caused by the heavy rain on July 3, 2021.

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Axelspace Closes Series C Funding Round with $23.8 Million Raise

Daily monitoring of the world to be realized with 10 satellite-constellation

TOKYO (Axelspace PR) — Axelspace Holdings Corporation today announces that the company completed its Series C funding round raising approximately JPY 2.58 billion (equivalent to USD 23.8 million). The round sees the allocation of new shares to The Space Frontier Fund, several other venture capitals and corporate investors.

Major Accepting institutions

  • The Space Frontier Fund
    (Managed by SPARX Innovation for Future Co., Ltd.)
  • Japan Co-Invest III Limited Partnership
    (Managed by Sumitomo Mitsui Trust Investment Co., Ltd.)
  • Japan Post Investment I, ILP
    (Managed by Japan Post Investment Corporation)
  • 31VENTURES – Global Brain – Growth I Joint Project
    (Managed by Mitsui Fudosan Co., Ltd. and Global Brain Corporation)
  • KYOCERA Corporation
  • Mitsubishi UFJ Capital VII, Limited Partnership
    (Managed by Mitsubishi UFJ Capital Co., Ltd.)
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Soyuz Rocket Launches 38 Satellites into Orbit

Soyuz-2.1a rocket lifts off from Baikonur with 38 satellites. (Credit: Glavkosmos webcast)

BAIKONUR, Kazakhstan (Roscosmos PR) — This morning, March 22, 2021, the Soyuz-2.1a carrier rocket with the Fregat upper stage and 38 spacecraft on board was launched from the launch pad No. 31 of the Baikonur cosmodrome. 

After 1 hour and 3 minutes after the launch, the main payload was separated – the South Korean satellite for Earth remote sensing CAS500-1. At the moment, after processing telemetry information, the upper stage has successfully completed all stages of the program for placing the remaining 37 spacecraft into target orbits.

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Soyuz-2 to Launch 38 Spacecraft from 18 Countries on March 20

Soyuz-2 rocket lifts off from the Vostochny Cosmodrome with 36 OneWeb satellites. (Credit: Arianespace)

MOSCOW (Roscosmos PR) — On March 20, a launch of the Soyuz-2 launch vehicle with the Fregat upper stage is scheduled from the Baikonur Cosmodrome that will deliver 38 spacecraft (SC) from 18 countries into three sun-synchronous orbits:

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Axelspace, JAXA Sign MOU on Creation of Small Optical Satellite Constellation

TOKYO (JAXA PR) — Axelspace Corporation (Representative Director: Tomoya Nakamura) and Japan Aerospace Exploration Agency (Chairman: Hiroshi Yamakawa, JAXA) are JAXA Space Innovation Partnership (J-SPARC). ) (*1), a memorandum of understanding was signed in December 2020 for the solution business using the small optical satellite constellation (*2), and together, “business concept co-creation activities” to create new business value. Through this initiative, we will consider cultivating the use of new satellite-mounted sensors, utilizing satellite data in the future, and linking small satellites and large satellites in observation missions.

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Axelspace Completes $22.8 Million Series B Round

TOKYO (Axelspace PR) — Axelspace Corporation (HQ: Tokyo, Japan; CEO : Yuya Nakamura) has completed its Series B funding round raising approximately 2.58B JPY (22.8M USD).

The round sees the allocation of new shares to the lead investor 31VENTURES – Global Brain – Growth I Joint Venture (managed by Mitsui Fudosan Co. Ltd. and Global Brain Corporation) and to several other venture capital and corporate investors.

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Japanese Satellite Startup Releases First Images From Polar Satellite

Satellite image of the Hudson Bay coastline taken on Dec. 20, 2013. (Credit: Axelspace)
Satellite image of the Hudson Bay coastline taken on Dec. 20, 2013. (Credit: Axelspace)

A Japanese start-up company named Axelspace Corporation has released the first images from a commercial micro-satellite launched aboard a Dnepr rocket in November.

The WNISAT-1 weather satellite — built in partnership with Weathernews, Inc. —  produces images of Arctic ice for the shipping industry. Warming temperatures in the area have opened up a northern sea routes during the summer months that cut significant time off of voyages.

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