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Astroscale

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On-orbit satellite servicing and space debris removal

Tokyo, JapanFounded 2013Space
Valuation $1.23B Market cap · 2026
Revenue $19M Latest reported FY
Total funding $500M–1B Disclosed equity funding

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.

Source: Dealroom company data

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

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO CONVERTIBLEOther financing May 2026 $203M — Hulic ↗
POST IPO EQUITYOther financing May 2026 $33M — SKY Perfect JSAT · Hulic ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
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%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Astroscale website traffic

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.

Latest monthly visits40K 3-month web change-16.7% 1-year team growth+0.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

34 investors on the cap table

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
  • Japan Co-Invest Limited Partnership
  • I-NET CORP
  • AStart
  • SPARX Innovation for the Future
  • Hulic
  • Shimizu
  • Seraphim Space
  • DNCA Finance
  • Bharti AXA Life Insurance
  • THE FUND Limited
  • Japan Growth Capital
  • Yusaku Maezawa
  • Development Bank of Japan
  • Mitsubishi
  • Mitsubishi UFJ Financial Group
  • Mitsubishi Electric
  • FEL Corporation
  • Mizuho
  • SKY Perfect JSAT

Other known investors2 additional known investors

  • J-Startup
  • The University of Tokyo
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
10 countries with
team presence
🇬🇧 United Kingdom44.2%
🇯🇵 Japan27.2%
🇺🇸 United States12.4%
🇮🇱 Israel9.2%
🇫🇷 France5.7%
Top 5 of 10 shown

Market sentiment

Posts on X, past 7 days

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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