Axelspace, Tokyo-based satellite maker, aims for June IPO amid space sector growth

As Japan's private space industry grows, Axelspace's IPO would mark the fifth listing this year, reflecting a robust market potential valued at 4 trillion yen.

Sources:
ReutersFinance
Updated 2h ago
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The Headline

Axelspace's anticipated IPO and the rise of space startups in Japan

Number of Japanese spacecraft venture listings in two years
5th
Finance
Key Facts
  • Axelspace is planning to list its shares as early as June, reflecting the growing activity and optimism among Japan's space startups even amidst mixed investor views.Reuters
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Background Context

Foundation and recent developments in Japan's space sector

Estimated size of Japan's private space industry
4 trillion yen
Reuters
Estimated size of Japan's private space industry in USD
$27.8 billion
Reuters
Government allocation for Space Strategy Fund
600 billion yen
ReutersFinance
Target size of the industry by early 2030s
8 trillion yen
ReutersFinance
Number of optical Earth observation satellites launched by Axelspace
5
Reuters
Number of planned satellite launches by Axelspace next year
7
Reuters
Key Facts
  • Axelspace, founded in 2008 by Yuya Nakamura, has launched five optical Earth observation satellites and plans for seven more launches next year to enhance its data business.Reuters
  • Government Support for the burgeoning space sector includes a 600 billion yen fund aimed at doubling the market size by the early 2030s.ReutersFinance
  • If successful, Axelspace's IPO will represent the fifth listing among Japanese space ventures in just two years.Finance
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