Axelspace is not a mere maker of microsatellites. It plans to launch 50 Earth-observation satellites by 2022 to gather data on such things as the number of cars on the ground, containers at ports and agricultural crops. It will provide corporate clients with services based on them. These are expected to help businesses grasp economic trends and make more accurate management decisions.
"We want many companies to utilize space data," said Yuya Nakamura, founder and CEO of Axelspace.
Planning to launch three satellites by the end of this year, Axelspace has raised a total of 1.9 billion yen ($US 16.9 million) from Global Brain, a Tokyo-based venture capital company, as well as major trading house Mitsui & Co. and others.
The government's Space Industry Vision 2030 stresses that new businesses will be created in areas fusing space and information technologies. Setting an eye toward a fourth Industrial Revolution, Japan cannot afford to ignore space, which will become the main stage for collection and utilization of data.
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