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ispace and ElevationSpace signed a basic agreement aimed at the development of technology and business opportunities for lunar sample return.
ElevationSpace and ispace will engage domestic and international governments, space agencies, and potential private customers to create Japan's first lunar sample return business opportunity.
ElevationSpace and ispace will collaborate on activities aimed at the early realization of the lunar sample return mission.
ispace CEO Takeshi Hakamada stated that combining ElevationSpace's technologies with ispace's orbital transport vehicle will bring them closer to realizing a sample return.
ElevationSpace is advancing reentry and recovery technologies that are key for implementing lunar sample return.
ispace, inc. has teamed up with Japanese in-orbit transportation startup ElevationSpace to develop a private mission to return samples from the lunar surface.
ElevationSpace raised 1.1 billion yen through third-party allocation financing, including existing investors and eight other companies.
ElevationSpace aims to manufacture the flight model of Japan's first privately-led reentry satellite 'Aoba' and accelerate its development and commercialization of ELS-RS after the second half of 2026.
The next-generation space system technology research association NeSTRA, which ElevationSpace is involved with, has proposed the development of a Mars lander.
ElevationSpace is improving its development environment, including at its Fukushima factory.
ElevationSpace plans to strengthen the development system for its unmanned space environment utilization and recovery platform 'ELS-R' and its manned high-frequency material recovery service 'ELS-RS' with the newly raised funds.
ElevationSpace has completed the engineering model (EM) of Aoba and various environmental tests.
ElevationSpace announced its funding round on September 17.
ElevationSpace has collaborated with Toyota Industries on the development of heat-resistant materials for atmospheric reentry systems.
ElevationSpace has expanded its organizational size to over 50 people since its Series A funding.
Since its establishment in February 2021, ElevationSpace's total fundraising amount has reached 3.7 billion yen.
株式会社ElevationSpace has raised 1.1 billion yen in a pre-Series B funding round to develop transportation services focused on re-entry technology from space.
株式会社ElevationSpace plans to launch the re-entry satellite 'あおば' in late 2026 as the first step in commercializing its ELS-R and ELS-RS services.
The Nagoya Chamber of Commerce and ElevationSpace will host an event at Nagoya Chamber of Commerce Hall on September 5, 2025, from 14:40 to 17:50.