Kanematsu partners with US-based Vector
Launch to expand the availability of small launch vehicles
throughout Japan and other Asian markets
March 14, 2018
On the heels of its strategic investment in
Vector made in January 2017, Kanematsu Corporation ("KG") has
entered into an exclusive representative agreement with Vector,
a nanosatellite launch company comprised of new-space and
enterprise software industry veterans from SpaceX, Virgin
Galactic, McDonnell Douglas, Boeing, Sea Launch and VMware, to
sell its products and services in Japan and three Asian
countries including India, Thailand and South Korea. Based on
the execution of this representative agreement, KG will provide
customers with services stimulating demand for micro-satellite
launch throughout Asia.
"The commercial space industry is booming
and Vector has seen a significant increase in demand for small
satellite launch services leading up to our orbital launch,"
said Shaun Coleman, Chief Sales and Marketing Officer and GM of
Space Data Systems of Vector. "With many new launch service
opportunities materializing across Asia, we are looking forward
to establishing a presence in the region through our partnership
with KG."
Despite growing demand in the micro
satellite launch market, customers today can only launch these
micro satellites using heavy, large launch vehicles, often
waiting years for their launch. Vector changes the way companies
access space by providing a service dedicated to small
satellites that enables customers to launch their 10 – 150kg
class micro satellites into a desired orbit at their preferred
timing, at a much lower cost.