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ArkEdge Space office. Photo: ArkEdge
ArkEdge Space, a Japanese space start-up, raised 8 billion yen ($51.58 million) in a Series B funding round. ArkEdge Space has been developing a standard multiple-purpose bus system for 6U satellites that can support various missions including IoT data collection, remote sensing, maritime satellite communications, and optical communications. ArkEdge Space announced the successful funding round on Feb. 4.
Incubate Fund KK led the round, which also included participation from JIC Venture Growth Investments Co., Ltd., and WiL, with 15 underwriters in total. ArkEdge Space has raised a total of 10.7 billion yen ($69 million).
In November 2024, ArkEdge Space successfully completed the basic design, development, and mass production testing for its 6U multi-purpose bus systems, and it has now transitioned to the launch and in-orbit demonstration phase.
With this funding, ArkEdge Space will accelerate the development of commercial satellite constellations designed to address global challenges and sustainable infrastructure needs. These constellations will provide solutions for VHF data exchange system (VDES), enabling two-way maritime communication, maritime situational awareness, and multi-wavelength remote sensing to collect diverse frequency data, serving government agencies and private sector operators worldwide.
Beyond constellation development, ArkEdge Space will strengthen core satellite technologies, including optical communications, and expand its technical and talent base. Leveraging its experience in 6U satellite mass production, it is preparing for the next stage, scaling up production to support larger 50kg class micro-satellites.
“Under our mission of ‘Empowering people with satellites for a prosperous future,’ we are committed to addressing global challenges and driving sustainable development. This funding will enable us to expand commercial satellite constellation development, advancing maritime communications, remote sensing, lunar navigation, and LEO positioning. By strengthening our capabilities across these domains, we will unlock new value through space technology,” Takayoshi Fukuyo, CEO, ArkEdge Space said in a statement.
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