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Astroscale
Space · Tokyo, Japan · Founded 2013 · IPO 2024
On-orbit satellite servicing and space debris removal MoreLess
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.
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.
Keywords: on-orbit servicing, space debris removal, satellite life extension, end-of-life services, active debris removal, space situational awareness, sustainable space, rendezvous and proximity operations, ELSA-d, ADRAS-J, satellite servicing, space junk, orbital debris, geostationary orbit, low Earth orbit, satellite refueling, docking plate, space sustainability, space environment, orbital services, satellite inspection, de-orbiting, space robotics, commercial space, JAXA, UK Space Agency
Company overview
Astroscale company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2013
- Headquarters
- Tokyo, Japan
- Employees
- 486
- Open positions
- 28
- Dealroom signal
- 67.7
- Investment activity
- 1 companies · latest Jun 2020
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Astroscale 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 | ↗ |
| IPOOther financing | Jun 2024 | — | $995M | Undisclosed | ↗ |
| DEBTDebt | Mar 2024 | $54M | — | Mitsubishi UFJ Financial Group | ↗ |
| GRANTOther financing | Oct 2023 | $80M | — | Japan Ministry of Education | ↗ |
| SERIES GOther financing | Oct 2023 | Mizuho | — | ||
| SERIES GOther financing | Feb 2023 | Yusaku Maezawa · Development Bank of Japan · Mitsubishi · Mitsubishi UFJ Financial Group | ↗ | ||
| LATE VCOther financing | Sep 2022 | Undisclosed | — | ||
| SERIES FOther financing | Nov 2021 | Seraphim Space · DNCA Finance · Bharti AXA Life Insurance · THE FUND Limited | ↗ | ||
| SERIES EOther financing | Oct 2020 | SPARX Innovation for the Future · Hulic · Shimizu · I-NET CORP | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| 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
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.
Hiring
Open positions at Astroscale
Current openings linked to this company in Dealroom.
Comparisons
Astroscale compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
ExotrailSmall satellite propulsion for an agile space |
Massy, France | Operational | 213 | $74M | $232M |
AldoriaOrbital information system for space situational awareness |
Toulouse, France | Operational | |||
Pytheas TechnologyDesign, manufacturing and integration of piezoelectric and electronic components |
La Ciotat, France | Operational | |||
TEKEVERDeveloping advanced technology for the digital economy, UAV's and space markets |
Lisbon, Portugal | Operational | |||
DarkProvides a multi market capacity enabling space acces for satellites, hypersonic experiences, debris removal and offset |
Paris, France | Operational | |||
Infinite OrbitsIn-orbit satellite servicing and life extension solutions |
Toulouse, France | Operational | |||
Ienai SPACECustomizable electric propulsion systems for small satellites |
Leganés, Spain | Operational | |||
D-OrbitGlobal leader in space logistics and transportation, renowned for space-proven technologies and successful missions |
Fino Mornasco, Italy | Operational |
Capital deployed
Astroscale investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Astroscale's talent
Source: Dealroom Talent Intelligence.
Investors
34 investors on Astroscale's cap table
Sourced from Dealroom's funding and investor records.





























Global footprint
Where Astroscale has talent and traffic
team presence
In the news
Latest news about Astroscale
Recent press, funding announcements, and product moves mentioning Astroscale — open to read from the original sources.
Market sentiment
What the market is saying about Astroscale
An AI-synthesized read of the highest-engagement posts about Astroscale on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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