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Astroscale
On-orbit satellite servicing and space debris removal
About Astroscale
Astroscale is a company dedicated to the long-term sustainability of space, providing on-orbit services for satellites. Founded in 2013 by Mitsunobu "Nobu" Okada, the company's mission is to address the growing problem of space debris and create a sustainable environment for future space operations. Okada, an IT entrepreneur, was inspired to start the company after attending a space development conference where space junk was a major topic, yet no concrete action plans were presented. He established Astroscale just ten days later.
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Headquartered in Tokyo, Japan, Astroscale has a global presence with subsidiaries in the United Kingdom, the United States, France, and Israel. The company has secured significant funding, raising a total of approximately $383 million as of October 2023. It became a publicly traded company in June 2024.
Astroscale's business model is centered on providing services to both governmental and commercial entities. This includes contracts with space agencies like JAXA, the UK Space Agency, and the European Space Agency, as well as partnerships with private satellite operators such as Eutelsat OneWeb. The company offers a range of in-orbit solutions, including: * **End-of-Life (EOL) Services:** This service involves removing defunct satellites from orbit. The End-of-Life Services by Astroscale (ELSA) program is designed to capture and de-orbit satellites. The ELSA-d demonstration mission, launched in March 2021, successfully tested the core technologies for docking and removal. The next generation, ELSA-M, is designed to retire multiple client satellites in a single mission. * **Active Debris Removal (ADR):** Astroscale develops solutions to capture and remove existing space debris, such as rocket upper stages and other large objects that were not designed for retrieval. The Active Debris Removal by Astroscale-Japan (ADRAS-J) mission, launched in February 2024, is the world's first attempt to approach and inspect a large piece of debris. * **Life Extension (LEX):** The company is developing services to extend the operational life of satellites, including in-orbit refueling. The Life Extension In-orbit (LEXI) servicer is planned for a 2026 launch to provide these services in geostationary orbit. * **In-Situ Space Situational Awareness (ISSA):** Astroscale analyzes data to better understand the space environment and safely remove defunct satellites. This involves monitoring and characterizing space objects to improve rendezvous and proximity operations.
To facilitate its services, Astroscale has developed a docking plate that can be attached to satellites before launch, enabling future servicing or removal. The company positions itself as a technology and service provider, working with government and commercial stakeholders to define regulations and incentives for the responsible use of space.
At a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Tokyo, Japan
- Listing
- IPO 2024
- Employees
- 486
- Open positions
- 28
- Dealroom signal
- 67.7/100
- Industry
- Security
- Sub-industry
- Public safety
- Sector
- Space, Aerospace, Defence Applications, Spinout, Sustainable Development Goals, Aviation and Aerospace, Space Tech, Verified Unicorns and $1B Exits, Climate Tech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company, latest Jun 2020
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO CONVERTIBLEOther financing | May 2026 | $203M | — | Hulic | ↗ |
| POST IPO EQUITYOther financing | May 2026 | $33M | — | SKY Perfect JSAT · Hulic | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $19M | 0% | −$137M | -723% |
| 2025 | $19M | -13.9% | −$137M | -723% |
| 2024 | $22M | +59.1% | −$62M | -280.2% |
| 2023 | $14M | +97% | −$67M | -485.4% |
| 2022 | $7M | — | −$41M | -588.6% |
Growth signals
Latest recorded traffic for Astroscale is 40K monthly website visits, down 16.7% over the last three months. Astroscale's team grew 0.4% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Japan Ministry of Education
Series A6 investors entered at this stage
Kenji Kasahara
Mistletoe
Kotaro Yamagishi
JIF Capital
JAFCO
INCJ
Series B and later25 investors entered at this stage
All Nippon Airways
OSG Corporation
SBI Investment
Mitsubishi Estate Company
UTokyo Innovation Platform
Joe Hirao- JPJapan Co-Invest Limited Partnership
- ICI-NET CORP
AStart
SPARX Innovation for the Future
Hulic
Shimizu
Seraphim Space
DNCA Finance
Bharti AXA Life Insurance- TLTHE FUND Limited
Japan Growth Capital- YMYusaku Maezawa
Development Bank of Japan
Mitsubishi
Mitsubishi UFJ Financial Group
Mitsubishi Electric- FCFEL Corporation
Mizuho
SKY Perfect JSAT
Other known investors2 additional known investors
J-Startup
The University of Tokyo
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Astroscale on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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