Satellite imaging startup Axelspace: Funding is no problem for us now

by Peter B. de Selding


TOKYO — Japanese geospatial imaging provider Axelspace, which plans a constellation of 50 100-kilogram medium-resolution optical imaging satellites, says access to capital beyond its successful $17-million first round of funding is not a problem.

Yasunori Yamazaki, Axelspace’s business development manager, said the company — whose downtown Tokyo offices include a full satellite production facility — has been successful in part because it is already generating revenue from two prototype satellites in orbit.

“We are well-funded, luckily,” Yamasaki said. “We have more [financing] in the pipeline,” Yamasaki . . .

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