Axelspace Holdings Welcomes New Shareholders from CVC Funds of ANA Holdings, JGC & JGC Holdings, and Fukoku Mutual Life Insurance Respectively to Accelerate Business Expansion
2024年9月17日 - 3:00PM
ビジネスワイヤ(英語)
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/
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version on businesswire.com: https://www.businesswire.com/news/home/20240916467310/en/
Contact Information for Media Axelspace Holdings
Corporation Communication Promotion Division, PR Unit Email:
pr@axelspace.com