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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

Valuation $1.22B
Revenue $19M
Total funding $500M–1B

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
client focusb2btechnologyHardwaretechnologyDeep Techsub industryPublic safetysectorAerospacebusiness modelManufacturingindustrySecuritysectorDefence ApplicationssectorSpinoutsectorSustainable Development GoalssectorAviation and AerospacesectorSpace TechsectorVerified Unicorns and $1B ExitssectorClimate Tech

Valuation & funding

Astroscale funding history

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
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
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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.

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 dataOpen 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%
Monthly website visits132 observations · Oct 2014–Jul 2026
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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.

Showing 8 of the closest matchesCompare every metric →

Capital deployed

Astroscale investments and acquisitions

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

Talent graph

Astroscale's talent

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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.

Investors

34 investors on Astroscale's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
Japan Ministry of Education
Series A 6 investors entered at this stage
Kenji Kasahara
Mistletoe
Kotaro Yamagishi
JIF Capital
JAFCO
INCJ
Series B+ 25 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 2 additional known investors
J-Startup
The University of Tokyo

Global footprint

Where Astroscale has talent and traffic

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

In the news

Latest news about Astroscale

Recent press, funding announcements, and product moves mentioning Astroscale — open to read from the original sources.

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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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