Japanese Space Industry Startup Synspective Raises US $100 Million in Funding

TOKYO — (BUSINESS WIRE) — July 25, 2019Synspective Inc., is a Japanese startup which provides satellite data solutions using small sized SAR (Synthetic Aperture Radar) satellites.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190725005286/en/

"StriX-α" the first demonstration satellite (Graphic: Business Wire)

"StriX-α" the first demonstration satellite (Graphic: Business Wire)

The company accumulated $100 million USD in funding since its foundation in February 2018. Raising that amount in less than 17 months makes Synspective the world’s fastest and Japan’s second highest funded space startup. The investment will help strengthen the company’s SAR satellite development, manufacturing systems, and solutions development.

Synspective provides one-stop solutions by satellite gathered geospatial data. The core technology was developed by the ImPACT program* led by The Cabinet Office, Government of Japan, building small SAR satellites and constellation, allowing frequent observation of areas of interest. Synspective uses SAR satellites to provide data and produce user-friendly information to Governments and Private Companies.

SAR satellites actively observe and acquire earth surface information by transmitting and receiving reflected microwaves. Compared to optical satellites, which depend on sunlight reflection, SAR can capture images of the ground surface in all-weather conditions and any time of the day or night.

Synspective’s Co-founder and CEO, Motoyuki Arai, commented that “Synspective's first demonstration satellite is to be launched in 2020 and is steadily being developed. Customized solutions services have already been contracted by several companies, prior to launch. By providing objective satellite data, Synspective will contribute to the progress of the advancing world by supporting people's decision-making and impactful actions”.

INVESTORS:

  • Space aSTART 1 Limited Partnership
  • SHIMIZU CORPORATION
  • JAFCO SV5 Investment Limited Partnership / JAFCO SV5-STAR Investment Limited Partnership
  • Innovation Platform 1 Investment Limited Partnership
  • Keio Innovation Initiative 1,LPS
  • Abies Ventures Fund I, L.P.
  • MIRAI SOUZOU 1 Investment Limited Partnership
  • Mitsubishi UFJ Trust and Banking Corporation
  • Fuyo General Lease Co.,Ltd.
  • MORI TRUST CO., LTD.
  • SBI AI&Blockchain LPS
  • Mizuho Growth Fund No.3 Limited Partnership



Contact:

Synspective PR
Global Media Inquiry: Sonia Solova
General Media Inquiry: Hitomi Fujikawa
E-mail: Email Contact




Review Article Be the first to review this article


Featured Video
Latest Blog Posts
Jim SparksGISCafe Guest
by Jim Sparks
Maps are (Still) Important Again
Jobs
Geographic Information System Analyst II for State of Idaho at Boise, Idaho
GIS Analyst #14713 for State of Missouri at Jefferson City,, Missouri
ROV Pilot II for TechnipFMC at Houston,, Texas
Mechanical Designer for TechnipFMC at Houston,, Texas
Upcoming Events
ENERGY DRONE & ROBOTICS SUMMIT at THE WOODLANDS WATERWAY MARRIOTT TX - Jun 10 - 11, 2020
20th International Multidisciplinary Scientific GeoConference SGEM 2020 at PARADISE BLUE Congress Center, Albena, Bulgaria, Balchik, 9620 Albena Balchik, 9620 Albena Albena Bulgaria Austria - Jun 27 - 6, 2020
Geo Week, July 27-29-2020 (NEW DATE), at McCormick Place | , IL Chicago IL - Jul 27 - 29, 2020
SPAR 3D & AEC Next Technology Expo + Conference(NEW DATE) at McCormick Place Chicago IL - Jul 27 - 29, 2020
University of Denver GIS Masters Degree Online



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise