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GITAI raised an additional $15,500,000 in venture capital to expand into the in-orbit servicing market.
The total amount raised in GITAI’s Series B Extension round is US$60,500,000.
GITAI expanded its headquarters and production facilities in the United States.
GITAI’s 500-kilogram-class demonstration spacecraft will be equipped with a robotic arm and launched with a dummy satellite to demonstrate proximity operations, docking, and life extension tasks in low Earth orbit.
GITAI currently has sufficient cash reserves and plans a Series C funding round scheduled for 2026 or later.
GITAI relocated its headquarters from Japan to the United States in late 2023.
GITAI previously raised US$30,000,000 in May 2023 as part of its Series B Extension financing.
GITAI has raised around $83,000,000 in total venture funding, including $45,000,000 via two separate Series B funding rounds last year.
GITAI previously raised US$15,000,000 in August 2023 as part of its Series B Extension financing.
GITAI’s 1.5-meter-long S2 robotic arm system achieved Technology Readiness Level 7 while mounted outside the International Space Station earlier in the year.
GITAI USA Inc. raised an additional US$15,500,000 as part of its Series B Extension round in October 2024.
GITAI’s Inchworm-type Robot Arm passed all tests and achieved Technology Readiness Level 6 (TRL6) following an integrated test in a thermal vacuum chamber simulating the lunar South Pole environment on 2024-10-23.
GITAI aims to reduce the cost of labor in space by 100 times and operates in two business areas: on-orbit services and lunar infrastructure construction.
In August 2024 GITAI relocated its Los Angeles headquarters and space robot manufacturing facility to a new location that is more than four times larger than its previous office to expand production capacity.
The GITAI Inchworm-type Robot Arm performed continuous inchworm-type locomotion for 29 hours, covering approximately one mile (1,503 steps) during the integrated thermal vacuum test.
GITAI’s S2 robotic arm was successfully demonstrated outside the International Space Station earlier in 2024 and has achieved TRL7.
GITAI established its U.S. office in 2022.
GITAI transferred its headquarters and all manufacturing operations to the United States by the end of 2023.
GITAI relocated its headquarters from Japan to the United States in late 2023.
The new GITAI USA Inc. headquarters is located at 3305 Kashiwa, Torrance, CA 90505.