Pale Blue, Inc. (Head office: Room 610, Tokatsu Techno Plaza, 5-4-6 Kashiwanoha, Kashiwa, Chiba, President: Jun Asakawa) has obtained approximately $0.7M from a group of investors led by Incubate Fund and MSIVC. Including the University of Tokyo's IPC financial support program and local government support, we have raised a total of $1.4M in six months since our establishment in April 2020, which will enable us to take on the challenge of developing water-based integrated propulsion systems for micro/nano-satellites.
Pale Blue has been selected by Ministry of Education, Culture, Sports, Science and Technology (MEXT) for R&D in the advanced aerospace field program. We have started to develop high-power water propulsion systems for micro/nano-spacecraft to voyage beyond the Moon from the geostationary orbit with the University of Tokyo.
Pale Blue has been selected by Chiba Industry Advancement Center for R&D support program.
Pale Blue’s water micro-propulsion system has been selected by the Japan Aerospace Exploration Agency (JAXA) as the theme for the Innovative Satellite Technology Demonstration Program to provide private companies and universities with opportunities to conduct on-orbit demonstrations of equipment, components, nano-satellites and CubeSats. The reasons for the selection are as follows:
The demonstration of a safe, non-toxic, easy-to-use, water-based micro propulsion system that can achieve a wide variety of propulsion functions by integrating two types of propulsion systems and is highly competitive in the world. It can be widely applied to ultra-low-altitude satellites and deep space explorers, and is expected to contribute to shorter development times and lower costs.
In the Innovative Satellite Technology Demonstration Program, Pale Blue aims to enhance the competitiveness of its products by conducting an in-orbit demonstration of a water micro-propulsion system that integrates two types of propulsion systems into a single component: water-based resistojet thrusters and ion thrusters.
Pale Blue has been selected by the University of Tokyo’s Collaborative Innovation Platform (UTokyo IPC) for the “UTokyo IPC 1st Round,” a consortium-based incubation program that has been running since 2019 in collaboration with leading companies in various industries, including East Japan Railway Company (JR East Startup Co., Ltd.), Fuyo General Lease Co. Ltd., Mitsui Sumitomo Insurance, Mitsui Fudosan, Mitsubishi Heavy Industry.
In order to expand the market for small satellites, a propulsion system is essential to actively move small satellites in space. However, large satellite propulsion systems use high-pressure gas or toxic substances as propellants, which are difficult to apply to small satellites due to their volume, weight and cost. Pale Blue has been conducting research at the University of Tokyo to develop safe, non-toxic, and easy-handling water-based small satellite propulsion technology, and to implement it into society, thereby expanding the market for small satellites and achieving sustainable space development. With the support of this program, we will establish a corporation and develop our business.