ELSA-d Chaser satellite (Credit: ASTROSCALE)
SINGAPORE, October 31, 2018 (Astroscale PR) — Astroscale Pte. Ltd (“Astroscale”), the market-leader in developing a space debris removal service to secure long-term spaceflight safety, obtained additional funding of US $50 million from a group of investors led by INCJ Ltd. (INCJ), and including funds operated by SBI Investment Co., Ltd. (SBII) and Mitsubishi Estate Co., Ltd. (Mitsubishi Estate) among others.
This is the fourth round of funding raised by the ground-breaking company based in Singapore and it brings the total amount of capital investment to US $102 million.