Dafizeck Bin Daud · · 1 min readJapanese space startup Synspective raises $100m total funding
Synspective, a Japanese startup that provides satellite data solutions using small synthetic aperture radar (SAR) satellites, said it has raised a total of US$100 million in funding since its foundation in February 2018. It claims to be the second highest-funded startup in Japan.
“StriX-α“ the first demonstration satellite
Its previous funding rounds include an US$80 million series A and a US$20 million seed, a company spokesperson told Tech in Asia.
Synspective said the capital raised will help it strengthen its SAR satellite development, manufacturing systems, and solutions development.
The company uses SAR satellites to provide user-friendly information to governments and private companies.
SAR satellites actively observe and acquire earth surface information by transmitting and receiving reflected microwaves. Compared to optical satellites, which depend on sunlight reflection, SAR can capture images of the ground surface in all weather conditions and any time of the day.
“Synspective’s first demonstration satellite is to be launched in 2020 and is steadily being developed. Customized solutions services have already been contracted by several companies prior to launch,” Motoyuki Arai, Synspective’s co-founder and CEO, said.
Editing by Charmaine de Lazo
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