Space startups in Japan

The directory tracks 13 space companies in Japan. They work on Earth observation, debris removal & servicing, launch, logistics and more.

13Tracked
8Active
5Graduated

Updated 7 October 2026 · 14 milestones in the last 90 days · Follow by RSS

Where things stand

As of 27 September 2026

Japan has more public companies in the directory than any country except the United States. ispace, iQPS, Astroscale, Synspective and Axelspace all listed on the Tokyo Stock Exchange's Growth Market between 2023 and 2025. None of the Japanese companies in the directory has shut down.

Astroscale works on removing debris from orbit. Its ADRAS-J spacecraft came within 15 metres of a discarded rocket stage in December 2024, the closest any commercial spacecraft had come to a piece of debris. The next mission, ADRAS-J2, is meant to capture a three-tonne rocket stage, and in September 2026 Astroscale booked it on Isar Aerospace's Spectrum rocket. ispace has crashed two Moon landers, in 2023 and 2025. It has moved its third mission to 2028, on a new lander called ULTRA.

Space One has lost all three of its Kairos rockets, most recently in March 2026. Interstellar Technologies flew MOMO-3 to space in 2019, the first privately developed Japanese rocket to get there, and is building ZERO, a launcher that burns biomethane. Space BD sells rideshare space on Japanese rockets and flew six payloads on H3 Flight 6 in June 2026. Pale Blue makes thrusters that run on water, and fired its first one in orbit in 2023 aboard a Sony satellite.

Latest milestones

Every dated event from the companies below, newest first, each with its source.

Pale Blue: Wins additional SBIR Phase 3 funding from Japan's science ministry for its in-orbit demonstrationFunding 7 October 2026 · source
Interstellar Technologies: Japan's science ministry allocates an extra ¥3.93B to the ZERO rocket under the SBIR Phase 3 fundFunding October 2026 · source
Synspective: Signs a 20-launch Electron deal with Rocket Lab, Rocket Lab's largest commercial Electron contractContract 30 September 2026 · source
ispace: Signs a definitive deal for Argo Space to carry its Lunar Connect relay satellite to lunar orbit on Mission 2.5Contract 17 September 2026 · source
iQPS: Signs a rideshare launch contract with Mitsubishi Heavy Industries to fly three QPS-SAR satellites on an H3 rocketContract 14 September 2026 · source
Astroscale: Astroscale France joins an Exotrail-led France 2030 mission, to be contracted by CNES, to deorbit a Eutelsat OneWeb satellite in 2029-2030Contract 10 September 2026 · source
ispace: Secures about $19M (¥3B) in loan financing from Shizuoka BankFunding 9 September 2026 · source
ispace: ESA and ispace-EUROPE sign the €65M Phase 2 contract for MAGPIE, Europe's first lunar surface rover, to fly on the Mission 4 ULTRA lander in 2029Contract 2 September 2026 · source
Astroscale: Books ADRAS-J2, the JAXA mission to capture a three-tonne rocket stage, on Isar Aerospace's Spectrum for 2027 or 2028Contract 1 September 2026 · source
Orbital Lasers: Invests in LogistLab, a maker of large precision mirrors, and partners with it on spaceborne telescope productionCompany 1 September 2026 · source
Show 40 earlier milestones
Space BD: Starts renting out satellite transport containers certified for air shipment of hazardous goodsProduct 31 August 2026 · source
Letara: Raises ¥2.6B (about $16M) led by Headline Asia, JIC Venture Growth Investments and Incubate Fund, ahead of an in-orbit firing testFunding 21 August 2026 · source
ispace: Mitsubishi Heavy to launch the ULTRA lander on an H3 in 2028Contract 29 July 2026 · source
Axelspace: All seven next-generation GRUS-3 satellites reach orbit on Transporter-17 and make contactAchievement 7 July 2026 · source
Warpspace: Agrees with Singapore’s Transcelestial to test interoperability between their optical systemsContract July 2026 · source
Space BD: Series C closes above ¥3.5 billion, total raised ¥6.68 billionFunding 17 June 2026 · source
Space BD: Six payloads fly on H3 Flight 6 under its rideshare serviceAchievement 12 June 2026 · source
iQPS: An Electron launch carrying its Mikura-I satellite aborts at ignition; the satellite flies that AugustAnomaly June 2026 · source
Pale Blue: Its water ion thruster and water resistojet both operate in orbit on JAXA's RAISE-4Achievement 21 April 2026 · source
ispace: Unveils the ULTRA lander and moves Mission 3 to 2028Product 27 March 2026 · source
Astroscale: ADRAS-J completes its operations and begins its deorbitAchievement 25 March 2026 · source
Orbital Lasers: Raises ¥3.02B (about $20M) in a Series AFunding 19 March 2026 · source
Space One: Kairos flight 3 terminated about two minutes after liftoff, five payloads lostAnomaly 5 March 2026 · source
Pale Blue: Opens its Tsukuba Production Engineering Base for mass production of propulsion systemsCompany 10 February 2026 · source
Interstellar Technologies: Satoshi Nakayama, VP of launch vehicles, becomes co-representative President alongside CEO Takahiro InagawaCompany 1 February 2026 · source
Pale Blue: Selected for a Space Strategy Fund theme to develop orbital transfer vehicles, starting full development of its micro-OTVContract 30 January 2026 · source
Interstellar Technologies: Completes a ¥20.1B Series F with SBI Group, Nomura Real Estate, B Dash Ventures and SMBC EdgeFunding 16 January 2026 · source
Orbital Lasers: Wins a ¥2.054B Japanese Ministry of Defense contract for research on space laser ranging, running to March 2028Contract 3 December 2025 · source
iQPS: Wins a share of Japan’s Ministry of Defense satellite constellation tenderContract December 2025 · source
ElevationSpace: Signs an MoU with ispace to pursue Japan’s first private lunar sample return, for which it would build the reentry capsuleCompany 25 September 2025 · source
Axelspace: Axelspace Holdings lists on the Tokyo Stock Exchange Growth Market under code 402ACompany 13 August 2025 · source
ispace: RESILIENCE crash lands, ending Mission 2 in failureAnomaly 6 June 2025 · source
ispace: Draper releases $7.7 million more under NASA CLPS task order CP-12Contract 10 March 2025 · source
Space One: ORIX invests ahead of the third Kairos flightFunding 16 January 2025 · source
ispace: RESILIENCE launches alongside Firefly's Blue GhostAchievement 15 January 2025 · source
Pale Blue: Water ion thruster achieves its first in-orbit operationAchievement 2025 · source
Space One: Kairos flight 2 terminated after thrust vector control fails, five satellites lostAnomaly 18 December 2024 · source
Astroscale: ADRAS-J closes to 15 metres of the rocket body, the closest commercial approach to space debrisAchievement December 2024 · source
Synspective: Lists on the Tokyo Stock Exchange Growth Market, raising about ¥10.2B, in the same week as a dedicated Electron flightCompany December 2024 · source
Warpspace: Closes a Series B through alliances with Udom and Kohoku KogyoFunding November 2024 · source
iQPS: QPS-SAR-8 reaches orbit on Transporter-11 and makes contact two hours after liftoffAchievement August 2024 · source
Astroscale: Lists on the Tokyo Stock Exchange Growth MarketCompany 5 June 2024 · source
ispace: Raises $53.5 million in an overseas share saleFunding 28 March 2024 · source
Space One: Kairos flight 1 destroyed by its flight termination system five seconds after liftoffAnomaly 13 March 2024 · source
Astroscale: ADRAS-J launches on Electron to inspect a discarded H-2A upper stage, the first commercial rendezvous with unprepared debrisAchievement February 2024 · source
Astroscale: ELSA-d completes its de-orbit operations, closing the debris-removal demonstrationAchievement January 2024 · source
iQPS: Releases first-light images from QPS-SAR-5 after a month of on-orbit calibrationAchievement January 2024 · source
Orbital Lasers: Carved out of SKY Perfect JSAT to commercialise laser debris removal and satellite LiDARCompany January 2024 · source
iQPS: Lists on the Tokyo Stock Exchange Growth Market under code 5595Company December 2023 · source
Warpspace: Wins two JAXA studies on Moon-to-Earth and long-distance optical communicationsContract May 2023 · source

How many space startups are there in Japan?

Space Bandits tracks 13 space companies in Japan. Of those, 8 are active startups, and 5 have grown past the startup stage.

What do space startups in Japan work on?

The biggest groups are Earth observation (3), debris removal & servicing (2) and launch (2), out of 7 sectors in all.

What is the latest news from space startups in Japan?

The most recent milestone on record is from Pale Blue, dated 7 October 2026: "Wins additional SBIR Phase 3 funding from Japan's science ministry for its in-orbit demonstration."

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