Synspective Inc., a Tokyo, Japan-based startup that develops and operates small SAR satellites and provides solutions based on satellite data analysis, received an investment from Tojoda Gosei.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Motoyuki Arai, Synspective was established based on development results for technology to make smaller SAR satellites in the Japanese Cabinet Office’s innovative research and development program (ImPACT). Its business covers from satellite development to operation and proposals for solutions to problems using the obtained observational data. SAR satellites use radio waves (microwaves) of the wavelength range that can penetrate clouds, and so ground data can be obtained even during inclement weather and at night. By linking a number of these satellites, semi-real time and broad area observations are achieved. The aim is to help respond to disasters and maintain the earth’s environment.
FinSMEs
22/06/2024