ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Startups

Asian startups defied COVID turmoil in path to unicorn status

Japan's satellite company Astroscale and South Korea's Socar gambled to expand

Japanese startup Astroscale is building satellites that can clean space debris in orbit.

TOKYO -- Nobu Okada, founder and CEO of satellite startup Astroscale, was gearing up for another round of fundraising earlier last year when the coronavirus pandemic started disrupting the company's supply chain. Then came more bad news: OneWeb, a major U.K. satellite startup, filed for Chapter 11 bankruptcy protection in the U.S. after failing to secure funding from its biggest backer, SoftBank. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more