Toyoda Gosei Invests in Synspective
Startup Develops and Operates Small EO Satellites
Automotive component manufacturer Toyoda Gosei has made an investment in Synspective, a startup that develops and operates small SAR satellites and provides solutions based on satellite data analysis.
Synspective was established based on development results for technology to make smaller SAR satellites in the Japanese Cabinet Office’s innovative research and development program (ImPACT). Its business covers from satellite development to operation and proposals for solutions to problems using the obtained observational data. SAR satellites use radio waves (microwaves) of the wavelength range that can penetrate clouds, and so ground data can be obtained even during inclement weather and at night. By linking a number of these satellites, semi-real time and broad area observations are achieved. The aim is to help in responding to disasters and maintaining the earth’s environment.
In an automotive industry that is undergoing great changes beyond the previous boundaries, Toyoda Gosei is looking to achieve sustainable business growth by exploring new fields beyond its existing operations. The space-related business being developed by Synspective is expected to grow in the coming years. Toyoda Gosei invested in the company to gather information with an eye towards exploring fields where its technology can be used.