News Update

Mitsubishi Electric and Astroscale to develop satellite buses

Mar 2023 | No Comment

Mitsubishi Electric Corporation, a leading defense and space company, and Astroscale Holdings Inc., the market leader in satellite servicing and long-term sustainability across all orbits, have announced that Mitsubishi Electric has invested U.S. $25 million in Astroscale’s Series G funding round. Separate from the investment, the companies have agreed to collaborate in the joint development and manufacturing of sustainably designed satellite buses for Japanese national security constellations.

The satellite buses will be equipped with an Astroscale docking plate, similar to a car “tow hook,” with a standardized interface. This allows other spacecraft to dock with and move or remove satellites if they are unable to deorbit themselves at the end of their operational lives. Preparing satellites in this sustainable manner minimizes costs and maximizes safety for future on-orbit servicing.

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