Learn English: Japanese Company Raises $44 Million for Satellite Expansion (hard)

6 months ago

Japanese Company Raises $44 Million for Satellite Expansion

Synspective, a Japanese company specializing in radar imaging, has secured $44 million in a recent funding round to expand its satellite constellation.

This funding will enable the company to increase satellite production, develop new data solutions, and establish a global presence.

The investment round was led by Japan Growth Capital Investment Corporation and included contributions from several other institutions and individuals.

Synspective plans to utilize the funds to accelerate its global expansion efforts, aiming for full realization by the end of the year.

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Source

Original: SpaceNews.com

Tags

#satellite #radar #space #technology #funding

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