Axelspace Holdings Welcomes New Shareholders from CVC Funds of ANA Holdings, JGC & JGC Holdings, and Fukoku Mutual Life Insurance Respectively to Accelerate Business Expansion
Axelspace Holdings Corporation (Axelspace HD) announces that through a transfer of shares from existing shareholders, three companies have become new shareholders: ANA Future Frontier Fund L.P. (ANA Future Frontier Fund), JGC MIRAI Innovation Fund L.P. (JGC MIRAI Innovation Fund), and FUKOKU -THE MUTUAL for Next 100 Fund L.P. (TMN100).
Axelspace announcement
https://www.axelspace.com/news/news_20240917/
The ANA Future Frontier Fund, established by ANA Holdings Inc. (ANAHD) in April 2024, aims to accelerate the creation of new businesses and strengthen non-aviation-related businesses to secure new revenue opportunities. Axelspace HD was highly evaluated for its expertise in microsatellite operations and advanced technological capabilities, allowing seamless execution from satellite manufacturing to in-orbit operations. The fund’s acquisition of Axelspace HD shares reflects this recognition. Moving forward, Axelspace HD will work with ANAHD to foster new business co-creation, leveraging the strengths of both companies to generate new value in the aerospace and aviation sectors. Notably, the acquisition of Axelspace HD shares marks the first investment by the ANA Future Frontier Fund.
The JGC MIRAI Innovation Fund is a Corporate Venture Capital (CVC) fund jointly managed by JGC Holdings Corporation and JGC Corporation. The fund acquired Axelspace shares to support the management of various projects that are increasingly becoming complex and advanced, and also to explore new business opportunities, aiming for the sound development of expanding space-related businesses.
TMN100, established by Fukoku Mutual Life Insurance Company (Fukoku Life), is Fukoku Life’s first CVC fund. It makes broad investments in promising startup companies without limiting its investment to specific industrial sectors.
With these three companies, Axelspace HD's unwavering commitment aims to bring our vision, “Space within Your Reach,” by utilizing its proprietary microsatellite technology.
About Axelspace Holdings Corporation
Location: Tokyo, Japan
President and CEO: Yuya Nakamura
Established: March 2020
Main business: Providing a one-stop service for microsatellites through "AxelLiner," and offering the Earth observation platform "AxelGlobe." The company handles the design, manufacturing, launch arrangement, and post-launch operation support for microsatellites and related components and offers satellite solutions.
Website: https://www.axelspacehd.com/
View source version on businesswire.com: https://www.businesswire.com/news/home/20240916467310/en/
Contacts
Contact Information for Media
Axelspace Holdings Corporation
Communication Promotion Division, PR Unit
Email: pr@axelspace.com
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
SMOKE FREE SWEDEN: DANSKA RESTRIKTIONER PÅ NIKOTINPORTIONER KOMMER ATT TVINGA 150 000 TILLBAKA TILL RÖKNING6.10.2024 17:00:00 CEST | Pressmeddelande
ETT FÖRESLAGET FÖRBUD mot nio av tio nikotinpåsar i Danmark kommer att vara ett massivt bakslag i kampen mot tobak och kommer att driva tiotusentals före detta rökare tillbaka till dödliga cigaretter, varnar internationella experter idag Hälsoreformregler som ska presenteras för det danska parlamentet på fredag (11 oktober) skulle begränsa nikotininnehållet i en portion till 9 mg, långt under internationella standarder – och en bråkdel av nikotinnivån i traditionella cigaretter. Dr. Delon Human, en global expert på skadereduktion och ledare för Smoke Free Sweden, säger: "Nikotinportioner har visat sig vara ett mycket säkrare alternativ till cigaretter och hjälper miljontals rökare att sluta över hela världen. "Förslaget framför de danska riksdagsledamöterna kommer att förbjuda 90% av de portioner som för närvarande används i Danmark, vilket lämnar rökare med valet mellan de portioner som återstår eller cigaretter som innehåller 85% mer nikotin. “Det är inte svårt att förutspå vilket al
C5 Capital Partners with Ukraine’s Brave1 Accelerator to Advance Ukraine’s Defense Innovation4.10.2024 17:46:00 CEST | Press Release
C5 Capital, a specialist venture capital firm based in Washington DC and London announces a strategic partnership with Brave1, Ukraine’s premier defense technology accelerator. This collaboration will support Ukraine’s innovative tech startups, accelerating the development and application of critical technologies for the defense of Ukraine against Russian aggression. Brave1 leads Ukraine’s defense innovation ecosystem. Since its launch, the accelerator has evaluated more than 2,600 cutting-edge defense-focused innovations. This remarkable achievement has established Ukraine as emerging global leader in defense technology and innovation. C5 Capital’s partnership will provide investment capital and strategic expertise needed to help Ukrainian founders grow and scale their defense startups, whose innovations are already being tested and deployed in battlefield conditions. “C5 Capital’s strategic partnership with Brave1 is focused on empowering Ukraine’s courageous founders, who are buildi
TXOne Networks Expands Edge Series of OT-Native Network Security Appliances4.10.2024 10:49:00 CEST | Press Release
TXOne Networks, a leader in Cyber-Physical Systems (CPS) security, today announced Version 2.1 of its Edge series of networking security appliances. designed to protect industrial processes and infrastructure without disrupting operations. This update enhances network resilience and adaptability across a wider range of industrial verticals. “Our Edge series is specifically engineered for the complexities of OT networks, where traditional IT cybersecurity solutions fall short,” said Dr. Terence Liu, CEO of TXOne Networks. “With version 2.1, we’ve elevated the Edge product line to address the unique challenges faced by OT environments—where disruption isn’t an option. This release underscores our commitment to delivering robust, adaptable security that not only meets current demands but anticipates the evolving needs of industrial operations.” TXOne Networks collaborates with manufacturers and critical infrastructure operators to protect over 3,600 organizations worldwide. The Edge V2.1
WELOCK and ApartX Ink Key China-Kazakhstan Digital Trade Agreement at Global Digital Trade Expo4.10.2024 03:54:00 CEST | Press Release
On September 25th, the 3rd Global Digital Trade Expo “Digital Trade Night” was held in Hangzhou. The event highlighted important digital trade projects between China and Kazakhstan, injecting constant momentum into economic and trade cooperation between the two sides. During the event, the much-anticipated signing ceremony for the “China-Kazakhstan Digital Trade Key Project” was officially launched. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003595967/en/ (Photo: Business Wire) Important witnesses of the signing ceremony included: Zhaslan Madiyev (Minister) Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan Yao Gaoyuan Mayor of Hangzhou Avazhan Mukanova (Director of the Department of International Cooperation) Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan Shuang Dehui Deputy Director General of Guangdong Provincial Depar
Wrth: The Royal Institute of Traditional Arts Captivates Greece with the Intricate 'Al-Qatt Al-Asiri’ Art3.10.2024 18:01:00 CEST | Press Release
Saudi traditional arts are set to reach new global audiences as the Royal Institute of Traditional Arts (Wrth) participates in the Saudi Cultural Week in Greece from September 27 to October 1. The event, titled “The Heritage of Two Cultures," explores Saudi heritage through the lens of "Al-Qatt Al-Asiri" art. Wrth offers a series of interactive workshops, including a highlight on the creation of natural dyes and gypsum carving arts with workshops and hands-on community artworks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003645976/en/ Wrth: The Royal Institute of Traditional Arts Captivates Greece with the Intricate 'Al-Qatt Al-Asiri’ Art (Photo: AETOSWire) As part of Culture Week, five talented Saudi artists lead interactive workshops showcasing the art of gypsum carving with traditional ‘Asiri’ patterns. This unique art form gained international recognition after being inscribed on UNESCO's Intangible Cultural Herit
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom