Skygate Technologies receives seed investment for the development of Ground Station as a Service
Updated: Aug 26, 2020
Tokyo, Japan - August 25, 2020 - Skygate Technologies Inc.,(CEO: Takanori Awatsu), a Japanese space startup, has received seed investments from the Keio University-based venture capital firm Keio Innovation Initiative (KII; CEO: Kotaro Yamagishi).
The company, recently founded in February 2020, develops Ground Station as a Service(GSaaS), utilizing high-speed wireless technology and software radio. The funding will boost the development of the first entirely cloud-based ground station in Japan and the cloud ground station platform “Skygate,” planned to start in 2021.
“Earth observation data business is now experiencing the biggest change since its emergence. The value of observation data is skyrocketing with growing world’s uncertainty,” said Takanori Awatsu, CEO of Skygate Technologies. “‘Skygate’ seamlessly connects space and cloud business areas. We will realize the world where everyone can utilize the truth-on-the-ground for their businesses.”
Approximately 4,500 satellites are flying around the Earth, some of which are used to observe the planet. The market for Earth observation data is developing rapidly and is expected to reach $9 billion globally by 2027. In addition, space and cloud industries are becoming closer every year; in 2018, Amazon.com also announced its entry into this market.
Skygate, the cloud ground station platform, will provide a fast and high-data-rate downlink from satellites to the cloud on the ground. The platform will support high-data-rate communications of more than 2 Gbps and be able to integrate with Amazon Web Services (AWS), Google Cloud Platform (GCP) and other cloud providers. This will enable satellite operators and their data analyzers to easily transmit, process and make their data more valuable.
The company will provide satellite operators with more affordable and easy-to-use ground stations, making it easier for them to scale their Earth observation data businesses. Its GSaaS platform will realize a world where information is delivered quickly from satellites and available to business in less than 10 minutes.
About Keio Innovation Initiative, Inc. (KII)
Keio Innovation Initiative is a venture capital group based in Keio University. Its mission is to help create new industries and contribute to the development of society through investments in startups that harness the research achievements made by Keio University to create innovative new businesses.
CEO: Kotaro Yamagishi
Mita Kokusai bld. 10F 1-4-28, Mita, Minato-ku, Tokyo, JAPAN
About Skygate Technologies Inc.,
Founded in 2020, Skygate Technologies is building a network to deliver a large volume of data from observation satellites around the Earth to the ground and integrating the network into the web architecture. “Make Space accessible on the Web” is its motto, and the ability to develop both hardware and software is its strength. More information about Skygate Technologies can be found at www.skygate-tech.com.
CEO: Takanori Awatsu
Telecom Center EAST 14F 2-5-10, Aomi, Koto-ku, Tokyo, JAPAN