Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Synthetic aperture radar satellite (Credit: Synspective)

TOKYO, 29 March 2022 (Synspective PR) – Synspective Inc., a SAR satellite data and solutions provider, announced that the company has raised US $100M (11.9 billion yen) including a Series B funding round. The latest funding was led by Sompo Japan Insurance Inc. (Tokyo, Japan), Nomura SPARX Investment, Inc. (Tokyo, Japan), and Pavilion Capital Pte. Ltd. (Singapore) among others, as well as bank loans, and it is supposed to be ranked within the top ten largest startups in Japan. This puts our total funding value at US $200M (22.8 billion yen) since our founding.

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Rocket Lab Successfully Launches Second Mission for Synspective, Deploys 110th Satellite to Orbit

Electron lifts off on Feb. 28, 2021. (Credit: Rocket Lab)

MAHIA, New Zealand, March 1, 2022 (Rocket Lab PR) – Rocket Lab USA, Inc (Nasdaq: RKLB), a leading launch and space systems company, has successfully deployed a second Synthetic Aperture Radar (SAR) satellite to orbit for data and solutions provider Synspective, bringing the total number of satellites deployed by Rocket Lab to 110. ‘The Owl’s Night Continues” mission is Rocket Lab’s 24th Electron launch.

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Rocket Lab to Launch Three Dedicated Electron Missions for Earth Imaging Company Synspective

Electron launches from New Zealand on Nov. 18, 2021. (Credit: Rocket Lab)

The missions follow on from the launch of Synspective’s first satellite, StriX-α, by Rocket Lab in 2020

LONG BEACH, Calif., December 7, 2021 (Rocket Lab PR) – Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (Nasdaq: RKLB), a leading launch provider and space systems company, has today announced it has signed a deal with Japanese Earth imaging company Synspective to carry out three dedicated Electron launches.

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Japanese Satellite Company Synspective Signs Launch Agreement with Germany’s Exolaunch to Launch the third SAR Satellite StriX-1 on Soyuz-2

Synthetic aperture radar satellite (Credit: Synspective)

TOKYO and BERLIN (Exolaunch PR) – Synspective Inc., a SAR satellite data and analytic solution provider, announced a new Launch Agreement with a small satellite launch services provider, Exolaunch, to launch Synspective’s third demonstration SAR satellite “StriX-1” on a Soyuz-2 launch vehicle in mid-2022. The companies extended their collaboration after signing a launch agreement for the second Synspective’s demonstration SAR satellite “StriX-beta”, which is currently under the final preparations for launch later this year. 

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Synspective Signs Launch Agreement with Germany’s Exolaunch to Launch the Second SAR Satellite “StriX-β” on Soyuz-2

Synthetic aperture radar satellite (Credit: Synspective)

TOKYO, Japan and BERLIN, Germany, March 23, 2021 (Synspective PR)  — Synspective Inc., a SAR satellite data and analytic solution provider, announced a Launch Agreement with the German launch services provider, Exolaunch, to launch the second demonstration satellite “StriX-β” on a Soyuz-2  launch vehicle from Vostochny Cosmodrome in Russia in late 2021.    

StriX-β is the second demonstration satellite following Strix-α. It is aimed to demonstrate “InSAR (Interferometric SAR)” technology in orbit, a special SAR analytics technique to detect millimeter-level displacements on the ground surface.

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Synspective Released the First Image from Small SAR Satellite StriX-α

StriX-α synthetic aperture radar image of South Florida on February 8th, 2021 around 12:00 (Japan time). (Credit: Synspective)

TOKYO (Synspective PR) – Synspective Inc., a SAR satellite data and analytic- solution provider, announced its first success on the first image acquisition from its first own SAR satellite StriX-α. This is the first success in Japan that a commercial SAR satellite (100 kg class) image has obtained from space.

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Rocket Lab to Launch Dedicated Mission for Japanese Earth Imaging Company Synspective

Electron launches with 10 satellites on Oct. 29, 2020. (Credit: Rocket Lab webcast)

LONG BEACH, Calif. (Rocket Lab PR) – Rocket Lab, a space technology company and global leader in dedicated small satellite launch, has today announced Japanese Earth-imaging company Synspective as the customer for Rocket Lab’s 17th Electron launch, and its seventh mission of the year.

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