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WARPSPACE aims to commercialize world's first intersatellite optical communication network

(21 April 2021 - WARPSPACE) WARPSPACE, a spin-out space startup from the University of Tsukuba, has announced that it has closed Series A round with additional funding of 400M JPY (3.6M USD) from The Space Frontier Fund (operated by Sparks Innovation for Future Co., Ltd.) and KSK Angel Fund LLC, which is led by professional soccer player Keisuke Honda.

This funding marks the first close of the Series A round and the second close is scheduled to be in May.

In addition, as of March 8, WARPSPACE has transitioned to a company with a board of directors. Misuzu Onuki, who is in charge of investment in the Space Frontier Fund and also serves as a member and director of space industry-related organizations, is taking the role of an outside director at WARPSPACE. With the new management structure, we will reinforce our management system. Through a series of efforts, we will accelerate the development of "WarpHub InterSat", which is scheduled to be launched at the end of 2022.

Comment from CEO: “We would like to express our deepest respect to all those who are supporting the innovation of the space industry during this period of high uncertainty caused by COVID-19. The expansion and sustainable development of human activities have always been achieved by the realization of a strong and stable communication infrastructure. We WARPSPACE aim to establish the position of a top carrier in space communications by realizing the space-space optical communication network relay service ahead of the rest of the world and support the expansion and sustainable development of the global economic zone of the earth.”

About “WarpHub Intersat”

WarpHub InterSat is the world's first inter-satellite optical communication relay network service using small optical relay satellites. We are aiming to launch the service in 2023. The number of satellites is increasing exponentially in Low Earth Orbit (LEO), which is between 500 to 800 km from the surface of the earth. WarpHub Intersat enables the satellites to constantly communicate with the ground stations with high-speed optical communication, which also enables the satellite operators to access more satellite data in near real-time, which contributes to the realization of a sustainable global economy of the earth.

WARPSPACE

Established in 2016. WARPSPACE has launched three communication satellites including the one made in the predecessor university project. In addition to our expertise in satellite engineering, we are developing our space business by taking advantage of our partnerships with research institutes such as JAXA and the abundant experimental and test facilities owned by Tsukuba Science City.