Elevation Space from Tohoku University raises 30 million yen pre-seed ——Development of space environment utilization platform to replace ISS

Elevation Space, which develops a space environment utilization platform to replace the International Space Station (ISS), announced on the 13th that it has raised 30 million yen in a pre-seed round. Participants in this round were MAKOTO Capital, Nakashimada Iron Works, Hinoki, Enrise Corporation, Kengo Suzuki (Euglena Executive Officer), Yukihiro Maru (Leave a Nest Group CEO), and Tatsuo Sakamoto (Smartly.io Japan Business). (Responsible person), Hidetoshi Takano (CEO of Key Players). The company's cumulative procurement amount, including subsidies, has reached 40 million yen.

ElevationSpace was established in February 2021 based on the technology of more than 10 small artificial satellites developed so far in the Yoshida-Kuwahara laboratory, which conducts space robot research at Tohoku University. It's a startup. ElevationSpace is developing a small space utilization and recovery platform "ELS-R" that enables space experiments and manufacturing within small artificial satellites.

The ISS has been widely used from basic scientific experiments to industrial use such as drug discovery since the start of full-scale use in 2000, but the operation of the ISS after 2024 is undecided due to structural life and other factors. It is believed that there will be no place to use space after the operation is completed. ELS-R provides an alternative space environment to this ISS.

With this funding, ElevationSpace has accelerated the development of the technology demonstrator "ELS-R100" currently being developed with the aim of launching in 2023, and is the world's leading technology "atmospheric reentry technology (burned out in the atmosphere). Instead, it aims to acquire the technology to return to the earth).

via PR TIMES

BRIDGE Members

BRIDGE operates a membership system "BRIDGE Members". The member community "BRIDGE Tokyo" provides a place where startups and readers can connect through tech news, trend information summarization, Discord, events, and so on. Registration is free.

---

Free member registration