▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Toyoda Gosei Invests in Synspective Inc., a Startup That Develops and Operates Small Artificial Satellites

Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in Synspective Inc., a startup that develops and operates small SAR satellites2 and provides solutions based on satellite data analysis. Synspective w...

Business Wire

KIYOSU, Japan: Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in Synspective Inc., a startup that develops and operates small SAR satellites2 and provides solutions based on satellite data analysis.

Synspective was established based on development results for technology to make smaller SAR satellites in the Japanese Cabinet Office’s innovative research and development program (ImPACT).3 Its business covers from satellite development to operation and proposals for solutions to problems using the obtained observational data. SAR satellites use radio waves (microwaves) of the wavelength range that can penetrate clouds, and so ground data can be obtained even during inclement weather and at night. By linking a number of these satellites, semi-real time and broad area observations are achieved. The aim is to help in responding to disasters and maintaining the earth’s environment.

In the automotive industry that is undergoing great changes beyond the previous boundaries, Toyoda Gosei aims to achieve sustainable business growth by exploring new fields unbound by its existing operations. The space-related business being developed by Synspective is expected to grow in the coming years. Toyoda Gosei invested in the company to gather information with a view to exploring fields where its technology can be used.

1

 

Investment made in April 2024, through Toyoda Gosei’s Corporate Venture Capital Dept., an internal organization dedicated to these investments.

2

 

Satellites equipped with synthetic aperture radar (SAR) sensors that observe reflected waves of radio waves (microwaves) irradiated to the earth’s surface.

3

 

A program led by the Cabinet Office that ran from FY2014–2018. The aim was to generate new scientific technology that, if achieved, would bring major innovations to industry and social. It was created with the purpose of promoting high-risk, high-impact, strategic research and development.

Outline of Synspective Inc.

Name

 

Synspective Inc.

Location

 

3-10-3 Miyoshi, Koto-ku, Tokyo, Japan

CEO

 

Motoyuki Arai

Established

 

February 2018

Capital

 

JPY100 million (as of January 12, 2024)

 

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

AI Strengthening Cybersecurity Software, ISG Says

$III #AI--Growing and evolving security threats make it increasingly important for enterprises to deploy advanced cybersecurity software and to understand…

Mitsubishi Electric’s ME Innovation Fund Invests in AI-assisted PLM Systems…

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Things, Inc., a Japan-based startup that develops…

Team8 Expands Cyber and AI Focus with New Partner Appointments, Ori Barzilay…

Team8 a global venture fund that builds and invests in companies across cybersecurity, data, AI, fintech, and digital health, as well as their intersections…

Taiwan Prepaid Card and Digital Wallet Market Databook 2025: Prepaid Card…

The "Taiwan Prepaid Card and Digital Wallet Market Intelligence and Future Growth Dynamics Databook - Q2 2025 Update" report has been added to ResearchAndMarkets.com's…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!