Warpspace Completes Series B
Funding to Advance Space Optical Communication
Development
Japan-based space optical
communication tech Warpspace Inc. (CEO: Hiromitsu Azuma)
is pleased to announce the successful completion of its
Series B funding round. The company has entered
strategic capital partnerships with Udom Co., Ltd. (Mito
City, Ibaraki Prefecture; President: Jun’ichi Mori) and
Kohoku Kogyo Co., Ltd. (Nagahama City, Shiga Prefecture;
President and CEO: Futoshi Ishii). These collaborations
will enhance Warpspace's development of emulators, in
partnership with Udom on the software side, and
communication relay devices, in partnership with Kohoku
Kogyo on the hardware side.
Background and Purpose of Financing
The demand for satellite-acquired
data continues to surge globally, driven by its critical
applications in disaster prevention, security, and other
industries. With over 2,000 satellites launched
annually, the need for a robust and high-data rate space
communication network has never been more pressing. To
address this demand, Warpspace is dedicated to
developing optical communication technologies that
surpass traditional radio wave methods in terms of
speed, capacity, and security.
This funding marks a pivotal moment
in the company's growth as it collaborates with Udom and
Kohoku Kogyo to enhance its technological capabilities:
Udom Co., Ltd.: A systems developer
for social infrastructure, is applying its engineering
expertise to develop emulators for Warpspace's optical
communication systems. They have been considering
entering the space industry for some time, and the event
“Warp Station Elements” in 2023 hosted by Warpspace led
to this partnership.
Kohoku Kogyo Co., Ltd.: A leading
manufacturer of optical communication components,
holding over 50% of the global market share for optical
isolators used in submersible cables. They are
considering entering the space industry as a new area of
technological development, and intend to apply their
technology for optical communication device development
to develop components and equipment to make the space
industry a new business pillar. Kohoku Kogyo will also
work with Warpspace to find new value in the space
industry and how it should enter the industry.
Warpspace has been developing a
space communication network using optical communication
technology, instead of the traditional radio wave-based
methods, to meet the growing demand for data
transmission. Since 2019, Warpspace has been advancing
the development of devices and software necessary to
facilitate the seamless integration of inter-satellite
optical communication technology. Through these
collaborations, Warpspace will accelerate development
toward providing an optical communication onboarding
support service called “WarpON!”.
Hiromitsu Azuma, CEO, Warpspace
Inc. -
“I am delighted to announce that we have secured
investment from Udom Co., Ltd. and Kohoku Kogyo Co.,
Ltd. In recent years, the demand for high-speed, secure
data transmission has grown exponentially, driving
heightened interest in space-based optical
communication. As we focus on developing the core
technologies that will underpin our business, this
partnership with Udom and Kohoku Kogyo provides
invaluable support and momentum. Together, we are taking
a significant step toward realizing a robust and
innovative optical communication network. We remain
committed to advancing optical communication technology
and contributing meaningfully to its evolution.”
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