Astroscale Receives $76 Million Investment

Astroscale Holdings Inc. ("Astroscale"), the market leader in satellite service in all orbits and long-term sustainability, has closed its Series G round with more than US$76 million in funding from new investors Mitsubishi Electric, Yusaku Maezawa and Mitsubishi UFJ. With the closing of this round, Astroscale has raised a total of approximately USD 376 million since inception.

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"We are Excited to Invest in Astroscale"

Astroscale is the first private company with a vision to secure the safe and sustainable development of space for the benefit of future generations. It is also committed to providing in-orbit services in all orbits. The company was founded in 2013. It develops innovative and scalable solutions across its range of on-orbit services. Astroscale also defines business cases. It also works with government and commercial stakeholders to develop norms, regulations, incentives for responsible use of space.

Headquartered in Japan, the company has branches in the United Kingdom, the United States and Israel. Astroscale is a fast-growing startup company working to advance safe, sustainable growth in space and solve a growing environmental challenge.