New Shareholders Welcomed by Axelspace
New Shareholders Welcomed by Axelspace
Support of Three Companies will Accelerate Business Expansion
Three companies have become new shareholders in Axelspace through a transfer of shares from existing 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) are the new shareholders in the company.
"We are extremely pleased to welcome these three companies as new shareholders."
Yuya Nakamura, Axelspace
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.
“CEO Nakamura’s passion for microsatellite development, which he started working on during his student days, and the technical expertise of the team he has gathered from around the world are awe-inspiring," said Yoshiaki Tsuda, EVP and Director of Future Creation of ANA HD.
“The JGC Group collaborates with startups that have innovative technologies and business models, aiming to realize safe and sustainable societal systems," said Jun Sakamoto, Manager, Future Strategy Office, JGC Corporation. "Together with Axelspace, we hope to contribute to constructing next-generation social infrastructure, making space a more accessible realm for humanity.”
"We are extremely pleased to welcome these three companies as new shareholders," said Yuya Nakamura, president and CEO, Axelspace Holdings Corporation. "Through partnerships with each of them, we will accelerate our business expansion to realize our vision of ‘Space within Your Reach.'”