Astroscale Accelerates Space Sustainability Mission with $51M Series E Funding
Japan-based orbital services leader Astroscale has successfully closed a $51 million Series E funding round, bringing its total capital raised to $191 million. This strategic investment will fuel the company’s ambitious plans to address one of space’s most pressing challenges: orbital debris management.
Expanding the Vision for Sustainable Space Operations
Astroscale’s core mission focuses on developing end-of-life solutions for satellites, including:
- Safe deorbiting technologies for defunct spacecraft
- Active debris removal systems
- Geostationary satellite life extension services
The company’s expansion into geostationary satellite servicing marks a significant step toward creating a more sustainable orbital ecosystem. This move comes after Astroscale’s strategic acquisition of Effective Space Solutions (ESS) earlier this year, which specialized in developing “space drones” for satellite maintenance.
“Our acquisition of ESS positions us as leaders in both debris removal and satellite life extension—two critical components of space sustainability” - Astroscale leadership
Global Growth and Upcoming Milestones
The Series E funding, led by aSTART, will support:
- Expansion of international offices (including the new Astroscale Israel branch)
- Team growth to over 140 employees
- Advancement of active debris removal technology
Astroscale is preparing for a major demonstration in late 2020, launching its debris removal system aboard a Russian Soyuz rocket. The innovative technology involves two spacecraft working in tandem to identify and safely deorbit space debris.
Why This Matters for the Future of Space
With projections showing exponential growth in satellite deployments, Astroscale’s solutions address critical challenges:
- Orbital congestion mitigation
- Extended satellite lifespans
- Sustainable space operations
As commercial space activity accelerates, Astroscale’s work positions the company at the forefront of responsible space innovation, ensuring long-term accessibility of Earth’s orbital environment.
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