Pale Blue became the champion of the 7th Finspace startup pitch competition. Launched in 2017 as part of the World Satellite Business Week (WSBW), the Finspace pitch initiative recognizes and celebrates the most promising start-ups and forward-thinking innovators and disruptors across the entire space and satellites value-added chains.
From almost 50 space startups across the globe applied for the contest, the judging group consists of 6 experts selected Pale Blue as the winner of Finspace after highly competitive screening of documents and presentation. Naoki Funahashi, Business Development of Pale Blue, presented the company at the WSBW 2023 in Paris.
“We are truly honored to receive this recognition and we would like to express our gratitude to all concerned. The biggest honor goes to the team who supported the company to attain its overwhelming success over the past few years. We will continue striving to make space more accessible by providing a greener, reliable and sustainable solution for spacecraft mobility,” said Jun Asakawa, CEO and Co-Founder of Pale Blue.
Euroconsult, the organizer of WSBW, celebrates the winners of all awards in the press release: https://www.euroconsult-ec.com/press-release/prestigious-space-awards-celebrate-earth-observation-excellence-and-recognizes-startup-success/
Pale Blue is a space-tech startup from the University of Tokyo founded in 2020. The company offers next-generation spacecraft propulsion systems that use water as a safe green propellant. Through its innovative propulsion technologies, Pale Blue aims to develop a space ecosystem where in-space mobility is not only affordable but completely safe and sustainable.
Emily Okuhara, Marketing & Communications of Pale Blue