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Infostellar expanded its service portfolio to provide dedicated ground station services with dedicated antennas in addition to its shared GSaaS network.
Infostellar completed a Series B raise of ¥1.2 billion ($10,360,000).
Infostellar U.S. Inc. opened for business on 2022-01-03.
Infostellar raised ¥700M ($6,040,000) in the First Close of its Series B financing round in October 2021.
Infostellar will launch a U.S. corporation by the end of 2022 to expand its business in North America.
Infostellar will prepare a site in Japan and aims to launch a ground station hosting service in Japan by the end of 2022.
Infostellar partnered with AWS Ground Station in June 2021 to integrate with its StellarStation network.
The Final Close of Infostellar’s Series B round raised a total of ¥500M ($4,320,000) from the final-close investors.
Infostellar raised ¥500M ($4,320,000) in the Final Close of its Series B financing round.
Infostellar completed its Series B round with a total new investment of ¥1.2B ($10,360,000).
The total amount of funds raised by Infostellar to date is ¥2.44B ($21,060,000).
In January 2021, Infostellar completed demonstration experiments with satellites in orbit.
Infostellar is continuing discussions with existing and new investors and plans to close the final round of Series B later in 2021.
Since raising funds in March 2020, Infostellar has been improving the functions of its GSaaS platform StellarStation for commercial satellite communications use.
Based on the funds raised in the Series B first round, Infostellar will increase the number of ground stations available through the StellarStation platform, enter the U.S. market, and grow its customer base.
The total amount of funds raised by Infostellar to date is ￥1.94 billion ($17,090,000).
Since March 2021, Infostellar has been providing downlink services for commercial satellites to European government agencies.
Infostellar completed the first round of its Series B fundraising for a total of ￥700 million ($6,160,000) through a third-party allotment of shares.
Naomi Kurahara is CEO of Infostellar and leveraged AWS Ground Station to expand Infostellar’s infrastructure rapidly to benefit its cloud-based ground service aggregation platform.
Using AWS Ground Station, Infostellar customers can use Amazon Kinesis Data Streams to manage data ingestion from satellites.