TRAVERSE CITY, Mich. (ATLAS Space Operations PR) — ATLAS Space Operations, a global leader in cloud-based space communications solutions, today announced $26 million in Series B Funding led by Mitsui & Co., Ltd. The investment round reaffirms confidence in ATLAS’ Ground Software as a Service™ (G-SaaS) approach as a critical solution within the space economy.
The funding round is a part of strategic initiatives for both Mitsui and ATLAS. For ATLAS, this investment accelerates its plan for international growth, as well as its Ground Software as a Service business model. This is ATLAS’ industry disruptive software (Freedom™) solution which integrates complex disparate networks for government and commercial clients across a federated network.(more…)
HOUSTON and TOKYO (Axiom Space PR) — Building on the strategic partnership that Axiom Space and Mitsui & Co., Ltd. signed in September, and following Mitsui’s investment in Axiom Space, the partners have initiated the formation of a joint venture in Japan to accelerate on-orbit services to commercial and government customers. This unique partnership builds on both Axiom’s in-space capabilities and Mitsui’s global industrial reach.
Together, Axiom Space and Mitsui & Co., Ltd. are opening the doors for non-traditional users to leverage the advantages of space, including microgravity and the unique vantage point of Low Earth Orbit. These services broaden international human spaceflight, research, manufacturing, and other opportunities at the International Space Station, and enhance a growing set of opportunities at Axiom Station, now under construction.(more…)