Company

VISION

Space within Your Reach

We are pioneers of microsatellite technology advancing the frontiers of space business, reimagining traditional ways of using space, and creating a society where everyone on our planet can make space part of their lives.
We outline the three guiding principles, known as " Axelspace Way ", which all team members are expected to follow in order to achieve our objectives.

AXELSPACE WAY

Go beyond what we are

Lead each other

Celebrate challenges

CEO MESSAGE

For the next space business,
For Space within your reach

Founded as a microsatellite venture stemming from the University of Tokyo and Tokyo Institute of Technology, we, Axelspace, marked our 15th anniversary in the summer of 2023. Throughout the journey, our business has undergone profound transformations, mirroring the evolving environment around us.

The company started with the concept of ‟My Satellite‟ and challenged the notion that satellite ownership and utilization were exclusive to governmental entities. In 2015, we launched AxelGlobe, a satellite data solution business, with the goal of swiftly democratizing access to space-derived insights. Presently, we have five optical earth observation satellites at use capturing the world everyday, delivering invaluable business intelligence to our customers. The impact of our satellite data extends far and wide, serving various industries including agriculture, disaster management, journalism, and environmental sectors, with customers and partners spanning over 30 countries worldwide.

In the late 2010s, the Japanese government initiatives began focusing on nurturing the space industry, drawing attention and involvement from numerous non-space sector giants. This shift brought space into the public spotlight as a growth industry. Responding to the surging demand for microsatellites, Axelspace made the strategic decision to pioneer a new satellite development approach. This method integrates versatile satellite system design, facilitating the mass production of diverse products.
In 2022, we transitioned our dedicated satellite development business into a new business called AxelLiner aiming to prepare for an era where many satellites are launched on a monthly basis. To achieve this, we're accelerating satellite research and development, while also propelling business expansion through satellites.
While space has traditionally been valued for its uniqueness, recent changes, such as an influx of companies entering the space sector and rapid development in related industries, have reshaped its significance. Specifically, these shifts redefine the success of the space industry by aligning space business practices more closely with those of traditional Earth-bound enterprises.

Embracing the company vision of “Space within Your Reach” from our beginnings, we take pride in our role in shaping the evolution of the space industry with the transformation of our organizational and business structure. We have brought together a wide range of talent from various nationalities, age groups, and industries to foster a diverse and energetic team. Additionally, by adopting cutting-edge digital and security technologies as one of our key business strategies, we have transitioned to a software-centered business model, facilitated through the establishment of dedicated, specialized teams.

Furthermore, Axelspace is committed to promoting sustainability in every aspect of our operations as a member of the space community.
Sustainability plays a crucial role not only in environmental solutions derived from Earth observation data, such as forest conservation, but also in the domain of satellite development. With growing concerns over space debris, we recognize the imperative to embed sustainability across the entire lifecycle of satellite projects. That's why we've taken proactive steps to implement the Green Spacecraft Standard: a comprehensive framework ensuring sustainability standards are met from manufacturing and launch to operation and disposal. Our aim is to promote these standards across the space industry, nurturing the growth of sustainable space enterprises.

Axelspace Holdings
Axelspace Corporation
President & CEO Yuya Nakamura

COMPANY OVERVIEW

Trading Name

Axelspace Holdings Corporation
Main Office Location

Clip Nihonbashi Building, 3-3-3 Nihonbashi-Honcho, Chuo-ku, Tokyo 103-0023, Japan
Established

March, 2020
Capital Stock

14.29 Billion JPY (including capital reserve)
Business Content

Providing a one-stop service for microsatellites through "AxelLiner," and offering the Earth observation platform "AxelGlobe." The company handles the design, manufacturing, launch arrangement, and post-launch operation support for microsatellites and related components and offers satellite solutions.

HISTORY

2024

MAR-05

Launch of PYXIS, the demonstration satellite of AxelLiner.
2023

DEC

Announcement of closing of ¥6.24B Series D funding round.
AUG-08

Celebration of Axelspace&aposs 15th year anniversary.
JUN

Announcement of new management structure and the establishment of the “Green Spacecraft Standard,” the sustainable guideline covering the entire life cycle of satellites.
APR

Capital and Business Alliance Agreement with Space Compass and Tokio Marine Holdings
MAR

Start of collaboration in the development and demonstration of inter-satellite optical communication network system in the “Key and Advanced Technology R&D through Cross Community Collaboration Program”
FEB

D-SAIL selected for JAXA’s Innovative Satellite Technology Demonstration-4
2022

DEC

Won the Minister of Economy, Trade and Industry Award at the 22nd JAPAN VENTURE AWARDS
APR

Service announcement of AxelLiner and the establishment of the Spacecraft Manufacturing Alliance with partner companies
JAN

Announcement of the new product lineup of AxelGlobe
2021

AUG-01

Muromachi Office integrated with Honcho Office (Clip Nihonbashi Building 1F-3F).
JUN-10

Start of the new AxelGlobe service with five GRUS satellites.
MAY

Announcement of closing of ¥2.58B Series C funding round.
MAR-22

Launch of the four additional GRUS (GRUS-1B,1C,1D,1E), Japan’s first mass-produced satellites.
2020

JUN

D-SAIL selected for JAXA’s Innovative Satellite Technology Demonstration-3
2019

JUL-17

Loan financing of ¥550M from Japan Finance Corporation.
MAY-31

Service Launch of AxelGlobe.
MAR-12

Announcement of contract with Fukui Satellite Technology & Research Association (FSTRA) about the manufacturing and launch of “Fukui Prefectural Satellite”.
JAN-18

Launch of RAPIS-1, a technology demonstration satellite for Japan Aerospace Exploration Agency (JAXA).
2018

DEC-27

Launch of the first GRUS (GRUS-1A), the company’s own satellite for AxelGlobe constellation.
DEC

Closing of ¥2.58B Series B funding round.
MAY

Muromachi Office opens as the company’s second premise.
MAR

Won the Minister of Economy, Trade and Industry Award at the 3rd Space Development and Utilization Grand Prize.
2017

JUL-14

Launch of WNISAT-1R, the second microsatellite for Weathernews Inc.
APR

Office moves to Nihonbashi-Honcho, Chuo-ku, Tokyo.
2016

AUG

Announcement of contract with Japan Aerospace Exploration Agency (JAXA) about the development of “Innovative Satellite Technology Demonstration Satellite”.
AUG

Won the Minister of Economy, Trade and Industry Award at the “Award for Academic Startups 2016”
2015

SEP-NOV

Closing of ¥1.9B Series A funding round.
Announcement of microsatellite constellation project AxelGlobe and entry into the Earth observation data business.
2014

NOV-06

Launch of Hodoyoshi-1, a business demonstration satellite for the University of Tokyo.
MAY

Announcement of WNISAT-1R project, the second microsatellite for Weathernews, Inc.
MAR

Closing of ¥30M seed round.
2013

NOV-21

Launch of the world’s first commercial microsatellite to monitor the Arctic Ocean, WNISAT-1.
2011

MAR

Office moves to Kanda-Ogawamachi, Chiyoda-ku, Tokyo.
2009

MAY

Office moves to Kashiwanoha, Kashiwa City, Chiba.
2008

AUG

Agreement with Weathernews, Inc. for the development of microsatellite WNISAT-1.
AUG-08

Establishment in Yayoi, Bunkyo-ku, Tokyo.

BUSINESS OF AXELSPACE

Service

AxelGlobe

Using our 100kg-class microsatellite constellation, AxelGlobe offers high-frequency Earth observation, providing detailed visualization of events on the Earth's surface.
This enables us to deliver valuable business insights that are otherwise challenging to obtain from the ground.
Together with our partners in over 30 countries, we provide tailored solutions to meet our customers' needs, with applications spanning diverse industries such as agriculture, disaster monitoring, news reporting, and environmental management.

Constellation os a coordinated operation of multiple satellites as a single system (Axelspace currently operates five Earth observation satellites (GRUS1)).

AxelLiner

AxelLiner offers a comprehensive, one-stop service for satellite projects, covering satellite bus system development, launch arrangements, insurance and ground station coordination, and post-launch operations.
As a global pioneer with extensive expertise in the microsatellite industry, we provide innovative solutions for customers aiming to conduct space missions including observations, communications, experiments, and in-orbit demonstrations.
With AxelLiner, customers can focus on the development and preparation of specialized equipment, such as telescopes and antennas, necessary for their missions.
This approach allows them to achieve their space-related business objectives with unprecedented ease and efficiency.

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LEADERSHIP TEAM

AXELSPACE HD

Yuya Nakamura

President / CEO

Daigo Orihara

Director / CFO

Makiko Hamada

Director / CHRO

Tomihisa Kamada

External Director

Hidetaka Aoki

External Director

Chiaki Mukai

External Director

Masanori Sugiyama

External Director

Yoshihiro Ota

Executive Officer / CSO

Yukichi Miyagawa

Executive Officer / CIO & CDO

Auditor

Kenichi Shimomura
Auditor

Yasuhiko Yurimoto
Auditor

Emiko Obata
Auditor

Seiji Harada

Cyber Security Principal

Hiroshi Sasaki