Pale Blue
Date | Investors | Amount | Round |
---|---|---|---|
$640k | Grant | ||
N/A | Spinout | ||
JPY70.0m | Seed | ||
$640k | Grant | ||
JPY490m | Series A | ||
* | N/A | JPY200m | Debt |
* | JPY800m | Series B | |
* | $27.0m | Grant | |
* | JPY1.3b | Series B | |
Total Funding | $48.9m |
Recent News about Pale Blue
EditPale Blue Inc., a Japanese startup founded in 2020, is revolutionizing the space propulsion industry with its innovative use of water as a green propellant. The company, established by propulsion specialists from the University of Tokyo, has developed a unique, high-performance spacecraft thruster that leverages the environmental benefits of water.
Pale Blue's business model is centered around its patented miniaturized Electron Cyclotron Resonance (ECR) technology. This technology allows the company to fully utilize water as a propellant, resulting in a safer, more sustainable solution for space propulsion.
The company primarily serves clients in the space industry, specifically those requiring propulsion solutions for small satellites. Their product is an ultra-compact, high specific impulse, clusterable system that is currently available for small satellites.
Pale Blue's revenue model is likely based on the sale of these water-based thrusters to satellite manufacturers and space agencies. As the demand for more sustainable and safer propulsion methods increases, Pale Blue is well-positioned to capitalize on this market trend.
The company's team, with over seven years of experience in propulsion machine research and satellite operation, is committed to realizing sustainable space development and utilization.
Keywords: Spacecraft Propulsion, Green Propellant, Water Propellant, High Performance Thruster, Sustainable Space Development, Small Satellites, ECR Technology, University of Tokyo, Propulsion Specialists, Satellite Propulsion.