Blab Tech
Astroscale Secures 30.6 B Funding and Forms Strategic Partnership with SKY Perfect JSAT to Expand On-Orbit Servicing
Astroscale Holdings Inc., the Tokyo‑based on‑orbit servicing pioneer, announced on 19 May 2026 that it had entered a strategic partnership with SKY Perfect JSAT Corporation, the largest satellite‑communication group in Asia. The deal brings an investment from SKY Perfect JSAT and sets the stage for joint work on satellite inspection, repair and life‑extension services.
In a LinkedIn post, Astroscale founder and CEO Nobu Okada said the partnership “marks an important milestone in strengthening collaboration among leading global space companies.” The alliance will focus on on‑orbit servicing, encompassing satellite inspection, in‑situ situational awareness, end‑of‑life removal and active debris removal.
Shortly after the announcement, MarketScreener reported that Astroscale had raised ¥30.6 billion in a financing round that closed on 5 June. The capital came from Hulic Co., Ltd., SKY Perfect JSAT and other investors. The transaction comprised convertible bonds and new shares, giving the company additional balance‑sheet capacity to support its growth plan.
Astroscale released financial results for fiscal year 2026 on 12 June. Revenue rose 141.8 % year‑over‑year to ¥5.94 billion, while project income increased 89.0 % to ¥11.5 billion. The company’s backlog stood at ¥37.9 billion. The funding round is expected to underpin the expansion of Astroscale’s service portfolio and the scaling of its operations in Japan, the United Kingdom and the United States.
SKY Perfect JSAT operates the SKY PerfecTV! satellite broadcasting service and a portfolio of high‑throughput satellites. By investing in Astroscale, the group gains access to on‑orbit servicing capabilities that could extend the life of its own satellites and create new revenue streams for both companies.
Astroscale’s core offerings include satellite inspection, life extension, in‑situ space situational awareness, end‑of‑life services and active debris removal. The company has been developing these technologies for several years, aiming to make satellite servicing repeatable and commercially viable. The partnership and financing are milestones that position Astroscale to deliver services to a broader customer base, including commercial satellite operators and government agencies.
The combined investment and collaboration fit into a broader trend toward sustainable operations and orbital‑debris mitigation. As the number of active satellites and defunct objects in Earth orbit grows, on‑orbit servicing is increasingly viewed as a critical capability for maintaining a safe and usable space environment.
At present, Astroscale is scaling its service platform and expanding its customer pipeline. The recent financial performance and the new capital raise provide the resources needed to accelerate the commercialization of its on‑orbit servicing solutions. No further regulatory approvals or product launches have been announced beyond the partnership and funding, but the company’s backlog indicates a growing demand for its services.
In summary, Astroscale’s partnership with SKY Perfect JSAT and the ¥30.6 billion financing round represent significant steps toward the company’s goal of delivering repeatable, commercial on‑orbit servicing. The collaboration will enable both firms to leverage each other’s strengths—Astroscale’s technology and SKY Perfect JSAT’s satellite operations—to expand the range of services offered to the space industry.
In a LinkedIn post, Astroscale founder and CEO Nobu Okada said the partnership “marks an important milestone in strengthening collaboration among leading global space companies.” The alliance will focus on on‑orbit servicing, encompassing satellite inspection, in‑situ situational awareness, end‑of‑life removal and active debris removal.
Shortly after the announcement, MarketScreener reported that Astroscale had raised ¥30.6 billion in a financing round that closed on 5 June. The capital came from Hulic Co., Ltd., SKY Perfect JSAT and other investors. The transaction comprised convertible bonds and new shares, giving the company additional balance‑sheet capacity to support its growth plan.
Astroscale released financial results for fiscal year 2026 on 12 June. Revenue rose 141.8 % year‑over‑year to ¥5.94 billion, while project income increased 89.0 % to ¥11.5 billion. The company’s backlog stood at ¥37.9 billion. The funding round is expected to underpin the expansion of Astroscale’s service portfolio and the scaling of its operations in Japan, the United Kingdom and the United States.
SKY Perfect JSAT operates the SKY PerfecTV! satellite broadcasting service and a portfolio of high‑throughput satellites. By investing in Astroscale, the group gains access to on‑orbit servicing capabilities that could extend the life of its own satellites and create new revenue streams for both companies.
Astroscale’s core offerings include satellite inspection, life extension, in‑situ space situational awareness, end‑of‑life services and active debris removal. The company has been developing these technologies for several years, aiming to make satellite servicing repeatable and commercially viable. The partnership and financing are milestones that position Astroscale to deliver services to a broader customer base, including commercial satellite operators and government agencies.
The combined investment and collaboration fit into a broader trend toward sustainable operations and orbital‑debris mitigation. As the number of active satellites and defunct objects in Earth orbit grows, on‑orbit servicing is increasingly viewed as a critical capability for maintaining a safe and usable space environment.
At present, Astroscale is scaling its service platform and expanding its customer pipeline. The recent financial performance and the new capital raise provide the resources needed to accelerate the commercialization of its on‑orbit servicing solutions. No further regulatory approvals or product launches have been announced beyond the partnership and funding, but the company’s backlog indicates a growing demand for its services.
In summary, Astroscale’s partnership with SKY Perfect JSAT and the ¥30.6 billion financing round represent significant steps toward the company’s goal of delivering repeatable, commercial on‑orbit servicing. The collaboration will enable both firms to leverage each other’s strengths—Astroscale’s technology and SKY Perfect JSAT’s satellite operations—to expand the range of services offered to the space industry.
