Airbus Ventures announced its lead investment in the $7.3 million Series A round for Infostellar, a Japanese developer of a cloud-based satellite antenna sharing platform. This financing funds the launch of Infostellar’s flagship platform StellarStation, expands its network of partner antennas, and accelerates the hiring of additional talented team members.
With this closing of this Series A investment round, Dr Lewis Pinault, Managing Investment Partner for Airbus Ventures in Japan also joins the Infostellar board.
“With the burgeoning number of Low Earth Orbit launches and the fast-evolving criticality of data from space, supporting ground station networks are becoming hard pressed to keep up with satellite data demands,” said Dr Pinault.
“This is despite the fact that much of the time, ground station antennas stand idle while other people's satellites pass overhead. Infostellar dramatically shifts the model by bringing hundreds of antennas around the globe to the service of thousands of satellites. With their StellarStation solution, everyone in the equation can win: antenna operators idle less and earn more, and satellite operators gain real-time network-side control - and virtually anyone can become a satellite operator.”
Thomas d’Halluin, CEO of Airbus Ventures, said that the aim of the independent investment group is to facilitate such dramatic shifts in the future of the aerospace industry.
“We are particularly pleased to lead this important round of investment, our first in Japan,” he said. “With the likes of Sony Innovation Fund, the Entrepreneurial Research Unit at Waseda University, and 500 Startups Japan, as well as key domestic co-investors, we feel that Infostellar is well positioned to tap the best of Japanese innovation, attract even more outstanding international talent, and bring its success to the world stage in future rounds - and indeed onwards to new novel successes in deep space communications.”
Stephane Ginoux, President of Airbus Japan, added: “We are proud to see Airbus Ventures making this important first foray into Asia here in Japan. We are committed to encouraging the innovation of Japanese start-ups and entrepreneurs, and we are especially pleased to see the support for the excellent Infostellar team in their pioneering journey to becoming an important global player in space communications infrastructure.”
Dr Naomi Kurahara, the founder and CEO of Infostellar, said: “Airbus Ventures’ lead investment in this round is a major advance for our company. This timely and well-organised Series A funding round helps us secure our StellarStation platform as a global business. With Dr Pinault on our board and the Airbus aerospace heritage alongside us, we see a highly collaborative path to successfully fulfilling our long-term mission: providing smart, efficient communications infrastructure for humanity’s ongoing expansion into space.”
Infostellar is a space communications infrastructure firm, developing the world’s only cloud-based satellite antenna sharing platform: StellarStation. By lowering costs and increasing transmission time, Infostellar empowers satellite operators to improve the quality of their service and expand potential business. Founded in 2016, Infostellar is headquartered in Tokyo, Japan. For more information, visit https://www.infostellar.net/. Logos and images can be found at https://www.infostellar.net/news/1/kit.zip.
Boeing released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Ou...
EHang announced that it has formed a strategic partnership with HELI-EASTERN. HELI-EASTERN is a major low-altitude general aviation carrier and helicopter service provider in the Guangdong-Hong Kong-M...
Daher announced that its full operational support contract for TBM 700 very fast turboprop aircraft operated under responsibility of the French Ministry for the Armed Forces is extended by seven years...
CAE announced that BETA Technologies selected CAE as its partner of choice to design and develop its pilot and maintenance technician training program for the ALIA eVTOL aircraft. CAE will levera...