Astroscale

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Astroscale Holdings Inc. is a public on-orbit servicing company headquartered in Tokyo, Japan. The company is developing life extension, in-situ space situational awareness, end-of-life and active debris removal solutions. Astroscale was founded in 2013 by IT entrepreneur Mitsunobu "Nobu" Okada in Singapore. In April 2013, Okada attended an academic conference in Germany on space development where space junk was a hot topic. Many experts gave presentations on the issue and talked about potential solutions, but Okada was not impressed because no one had a real plan of action. Ten days later, he founded Astroscale to tackle the issue. On 16 February 2015, the company raised US$7.7 million in venture capital financing. The capital was used to set up an R&D facility and office in Tokyo to accelerate the development of satellites and future space debris removal missions. On 1 March 2016, Astroscale announced a further US$35 million in funding and on 21 March 2017, incorporated Astroscale Ltd. in the United Kingdom. Astroscale announced it had completed a Series C funding round and raised US$25 million on 14 July 2017.