Astroscale closes $51 million Series E

Oct 13, 2020 · Funding · Astroscale · Space

Astroscale closed a $51 million Series E led by aSTART, bringing total capital raised to $191 million for its global on-orbit servicing programme.

Astroscale closed a $51 million Series E, bringing total capital raised to $191 million for on-orbit servicing and space-debris removal.

Astroscale company media
Company media · Astroscale
  • aSTART led the $51 million Series E, with Hulic, I-NET, Shimizu and SPARX Space Frontier Fund among the investors.
  • The close brought Astroscale's stated cumulative capital raised to $191 million.
  • Astroscale said the financing would support debris-removal and on-orbit servicing technology, business development and policy work.

Astroscale develops and operates robotic spacecraft for on-orbit inspection, life extension, refuelling, end-of-life removal and active debris removal. Its ELSA-d and ADRAS-J missions demonstrated rendezvous and proximity operations around cooperative and unprepared orbital objects.