SKY Perfect JSAT will invest 10 billion yen in domestic and international space-related startups and space venture funds — in addition to this investment, SKY Perfect JSAT will collaborate with the acceleration program “AXELA” — provided by SPACETIDE Foundation. This collaboration aims to combine SKY Perfect JSAT’s accumulated insights and assets with new startup technologies to foster the co-creation of new space businesses for a sustainable future.
This investment is part of the SKY Perfect JSAT’s broader commitment to leverage new technologies and expand the company’s presence in the space industry, as outlined in the firm’s April 28, 2022, announcement to invest 150 billion yen by 2030. The overview of this investment fund allocation is as follows:
- Investment Objective
To collaboratively create new space businesses and forge a sustainable future by combining SKY Perfect JSAT’s expertise and assets with the innovative technologies of startups - Investment Size
10 billion yen - Investment Targets
Domestic and international space-related startups and space venture funds - Investment Areas
Field relevant to the growth of SKY Perfect JSAT’s space business (communication, space intelligence such as satellite data, exploration, etc.) - Investment Period
Until 2030 - Other
Engagement in SPACETIDE’s “AXELA” program to drive collaborations with SKY Perfect JSAT
Since launching Japan’s first private communications satellite, SKY Perfect JSAT has been a pioneer in creating various space businesses for more than 30 years, with communication services via GEO at the company’s cornerstone. In 2019, the firm began its foray into the Space Intelligence Business, expanding into solution businesses that leverage satellite data, and deepening investment and collaboration with the Kyushu-based startup iQPS.
Additionally, in January of 2024, SKY Perfect JSAT established an in-house startup — Orbital Lasers — and invested in the JAXA startup, Tenchijin, highlighting the commitment to collaboration and co-creation with startups as one of the pivotal initiatives for SKY Perfect JSAT’s growth.
Continuing on this path, SKY Perfect JSAT will strive for a sustainable future by co-creating new space businesses with a range of stakeholders in the space industry, including space-related startups.
About SPACETIDE
SPACETIDE Foundation has been working since 2015 with the vision of “Developing a new space industry in Japan and the world”. Through cross-industry initiatives, SPACETIDE aims to solve issues and uplift the entire space business, creating new pathways for the space business. As its main activity, SPACETIDE hosts the space business conference “SPACETIDE”, Japan’s largest space business conference led by the private sector. In addition, in 2022, SPACETIDE launched “AXELA” program, Japan’s first acceleration program specialized for space startups, aiming to build a new ecosystem and foster startups with international competitiveness.
