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Mu Space Corp

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Satellite communication technologies that will accelerate the adoption of internet of things devices and smart cities

Bangkok, ThailandFounded 2017Space
Valuation $100–250M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Mu Space Corp and the history behind them.

About Mu Space Corp

Mu Space and Advanced Technology Corp, operating as Mu Space Corp, is a Southeast Asian aerospace manufacturer and satellite internet service provider headquartered in Bangkok, Thailand. The company was founded in June 2017 by James Yenbamroong, who also serves as the CEO and lead design architect. Yenbamroong's journey into the space industry was fueled by a childhood passion for aviation, leading him to earn bachelor's and master's degrees in aerospace and mechanical engineering from UCLA. His professional background includes working as a system engineer on satellite projects and later as a project lead for unmanned vehicle systems at Northrop Grumman in the US before he returned to Thailand in 2014.

Mu Space is focused on becoming a fully vertically integrated aerospace company, designing and manufacturing its satellite platforms and components in-house across its multiple factory facilities. This business model aims to reduce costs associated with a broad supply chain and accelerate production. The company's core business revolves around providing satellite-based services, including broadband internet, broadcasting, and mobile communications. In December 2017, Thailand's National Broadcasting and Telecommunications Commission granted Mu Space a 15-year license, valid until 2032, to provide these satellite services. The company serves both government and commercial clients, with a mission to bridge the digital divide in rural areas of Thailand and improve quality of life through accessible communication technologies. Notable partnerships include collaborations with state-owned telecommunications company TOT Public Company Limited, Airbus Defense and Space, and Amazon Web Services (AWS) for their Ground Station network.

The company's product and service portfolio includes the in-house manufacturing of satellite components like S-band patch antennas, reaction wheels, and lithium-ion batteries. Beyond components, Mu Space is developing end-to-end solutions, such as its "Space IDC" (Space Internet Data Center), a project to create data center services located in outer space. The company has engaged in several key projects, including sending experimental payloads into space on Blue Origin's New Shepard rocket and contributing to the Tham Luang cave rescue by providing weather forecast models. Long-term ambitions extend to space tourism for the Asia-Pacific market and contributing to the establishment of a human lunar habitation.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Bangkok, Thailand
Employees
26
Open positions
None listed
Dealroom signal
64.0/100
Sector
Space, Smart Cities, Space Tech, Satellites, Space Exploration, Communication and Connectivity Satellites, Space Resource Exploration, Space Utilities, Space Vehicles Components and Payloads, Spacecraft Parts, Structures, and Payloads, Space Tech for Smart Cities
Technology
Deep Tech, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES CEquity / VC Sep 2022 $5.8M $23M B.Grimm Power —
SERIES B✓Equity / VC Oct 2020 $25M $100M Undisclosed —
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Growth signals

Mu Space Corp website traffic

Latest recorded traffic for Mu Space Corp is 1.7K monthly website visits, up 13.3% over the last three months. Mu Space Corp's team declined 13.3% over the past year.

Latest monthly visits1.7K 3-month web change+13.3% 1-year team growth-13.3%
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Similar companies

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Investments and acquisitions

Capital deployed

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

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • TOT Public Company Limited

Series B and later1 investor entered at this stage

  • B.Grimm Power
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
4 countries with
team presence
🇹🇭 Thailand73.3%
🇺🇸 United States13.3%
🇦🇺 Australia6.7%
🇩🇪 Germany6.7%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mu Space Corp 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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