Tokyo startup Infostellar receives seed investment total of $550K for development of Satellite Antenna Sharing Platform
Infostellar (CEO: Naomi Kurahara), a Tokyo-based startup, is currently in the process of building a platform called StellarStation that will enable worldwide satellite antenna sharing to enhance the operation of Low Earth Orbit satellites. The company announces it has received multiple investments totaling $550K from FreakOut Holdings (CEO: Yuzuru Honda) and 500 Startups Japan (Managing Partner: James Riney), as well as from angel investor Kotaro Chiba.
Infostellar was founded in January 2016 with the long-term mission of achieving real-time deep space communication through building the largest communications infrastructure in space. The first step of that journey is satellite communication.
The recent trend toward miniaturization of satellites has brought a sharp increase in the number of satellites being deployed worldwide. Additionally, securing the antennas needed to provide communication between the ground and these satellites has become a major challenge for the companies operating them. Despite the increased market demand for communications, the per-antenna utilization rate has not increased. Prices remain as high as ever, shackling attempts to create new business in this area.
By installing Infostellar’s proprietary sharing device (currently in development), existing antenna owners will be able to share their unused time with satellite operators worldwide, in exchange for the ability to access other networked antennas. Furthermore, StellarStation offers satellite operators communication services for 1/10th of the price charged by traditional ground station networks.
Infostellar plans to intensify its StellarStation development with this financial investment.
Infostellar is a space communications infrastructure firm, developing the world’s only cloud-based satellite antenna sharing platform: StellarStation. By lowering costs and increasing transmission time, Infostellar empowers satellite operators to improve the quality of their service and expand potential business. Founded in 2016, Infostellar is headquartered in Tokyo, Japan. For more information, visit https://www.infostellar.net/