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Business

Investment in Japan space startups blasting off

Sony, Airbus, ANA pony up in search of orbital business know-how

Singapore-based space debris cleanup venture Astroscale -- whose founder is Japanese -- recently received backing from All Nippon Airways parent ANA Holdings.

TOKYO -- Japan's proliferating space startups are getting a boost from major corporations like Sony, All Nippon Airways parent ANA Holdings and Europe's Airbus group, which are taking stakes in the ventures in hopes of gaining knowledge for starting their own extraterrestrial businesses.

The increasing accessibility of space technology has birthed a wave of young Japanese or Japan-adjacent companies working in satellite communications, rocket launches and the like. Sony and Airbus recently invested in one such company, Tokyo-based Infostellar.

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