Business Wire

Axelspace Announces New Management Structure

Share

Axelspace Corporation (Head Office: Chuo-ku, Tokyo; CEO: Yuya Nakamura), a pioneer in microsatellites, announces its new management structure as of June 1, 2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230531006007/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

New Management Team Members: Front Row, Left to Right: Atsushi Yasuoka (Head of AxelLiner Business Division), Yuya Nakamura (CEO) , Daigo Orihara (CFO), Tatsuhiko Fukasawa (Head of AxelGlobe Business Division). Back Row, Left to Right: Yusuke Nakanishi (CSSO), Ryuichi Kokubo (Co-CTO/Information Technology), Takashi Eishima (Co-CTO/Aerospace Engineering), Makiko Hamada (CHRO), Sasaki (CISO), Yoshihiro Ota (CSO) (Photo: Business Wire)

Axelspace announcement URL
https://www.axelspace.com/news/20230601/

Background of Transition to New Management Structure

Since our establishment in 2008 by a team of three members, our company has built a solid reputation by engaging in the development, manufacturing, and operation of nine microsatellites, including the world's first Arctic sea ice monitoring satellite WNISAT-1, and RAPIS-1, the first project entrusted by the Japan Aerospace Exploration Agency (JAXA) to a space startup from development to operation. Our company's pioneering project, the "AxelGlobe" commercial Earth observation constellation business, the first of its kind in Japan, has expanded to a fleet of five satellites with the launch of four satellites in 2021. We are advancing its utilization in collaboration with over 80 partner companies worldwide, and have provided Earth observation data to hundreds of client companies for various applications. In order to further accelerate the societal implementation of space utilization services using microsatellites, we are exploring the possibility of going public and have overhauled our management structure, effective from our new fiscal year starting on June 1, 2023. Under the new structure, we will focus on driving DX to enable real-time visualization of conditions to allow for informed business decision-making, strengthen our HR functions to support the further expansion of our organization from our current count of over 130 members and to prepare for future overseas expansion, enact proactive security measures that enhance the safety and value of our operations, as well as foster the rapid growth of both AxelGlobe and AxelLiner businesses.

Our company will celebrate its 15th anniversary in August of this year. Under the leadership of the new management team, we will continue to work as a unified team to pursue our vision of "Space within Your Reach.”

Furthermore, co-founder Naoki Miyashita will now be working as a researcher in the Intelligent Space Systems Laboratory of the Department of Aeronautics and Astronautics at the University of Tokyo, the same laboratory co-founders Yuya Nakamura and Takeshi Eishima were affiliated with previously, to conduct research on microsatellite architecture, etc. suitable for mass production. Miyashita will continue to be deeply involved in our satellite business as a technical advisor.

Axelspace company information

Location: Tokyo, Japan
President and CEO: Yuya Nakamura
Capital: 8,050 million yen (including capital reserve)
Main business activities: Earth observation business using microsatellites, the proposal of solutions utilizing microsatellites, design, and manufacture of microsatellites and related components, launch arrangements for microsatellites, and operational support and commissioning.
https://www.axelspace.com/

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Contact Information for Media
Axelspace Holdings
PR Unit, Communication Promotion Division
pr@axelspace.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

PAN Finance Names Libertex ‘Global CFD Broker of the Year’29.3.2024 06:25:00 CET | Press release

As the first quarter of 2024 draws to a close, Libertex is thrilled to announce its first accolade of the new year! The established global financial publication PAN Finance has determined Libertex to be the ‘CFD Broker of the Year – Global 2024’ following a rigorous evaluation process conducted by the publication's highly experienced editorial and research teams. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240328235325/en/ (Graphic: Libertex) PAN Finance is a trusted source of global financial intelligence with an impressively wide readership across 150 countries. Its ecosystem includes a quarterly magazine, special reports, a news website, and various social media channels. As an organisation, PAN Finance is committed to providing concise, intelligent, and up-to-date news for a worldwide readership of specialists spanning the entire finance industry. The company's awards programme aims to serve as a true indicator of exc

Midea Group releases its first-ever ESG brand story with an unexpected VIP visit highlighting its commitment to sustainability.29.3.2024 02:39:00 CET | Press release

Midea Group: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240328526418/en/ Background: Midea Group, a leading global technology group, recently released its 2023 Environmental, Social, and Governance (ESG) Report with ambitious sustainable development goals set for 2030. They include achieving over 500 megawatts of photovoltaic power generation, reducing greenhouse gas emission intensity (scopes 1 and 2) by 0.040, secure Energy Management System Certification for 50 factories, and achieve 100% carbon footprint accounting for major categories of smart home appliances. This is aligned with the Sustainable Development Report Standards of the Global Report Standards of the Global Reporting Initiative (GRI). The new report and campaign focuses on four dimensions: Protect the Blue Planet, Build a Harmonious Community, Practice 'Bring Great Innovations to Life', and Jointly Create the Prosperous Ecology. The campaign: Midea’s ESG

DC Secretary Announces Annual Determinations Committees Outcome28.3.2024 21:14:00 CET | Press release

DC Administration Services, Inc. has today announced the composition of five regional Determinations Committees (DCs), effective from April 27, 2024. Voting Dealers (for all regions): Voting Non-Dealers (for all regions): Bank of America N.A. Citadel LLC Barclays Bank plc Elliott Management Corporation BNP Paribas Pacific Investment Management Company LLC Citibank, N.A. Deutsche Bank AG Goldman Sachs International JPMorgan Chase Bank, N.A. Voting Dealer for the Americas, EMEA, AEJ, and Japan Determination Committees: Mizuho Securities Co., Ltd. The process for selecting DC members is specified in the DC rules. The DC rules, along with more information about the Determinations Committees and what they do can be found at the Determinations Committees website: https://www.cdsdeterminationscommittees.org/. View source version on businesswire.com: https://www.businesswire.com/news/home/20240328441002/en/Contact information Press Inquiries: Orlando Figueroa orlando.figueroa@citadelspv.com

LambdaTest Launches The Phoenix Project, an Employee Resource Group for Women28.3.2024 16:00:00 CET | Press release

LambdaTest, a leading cloud-based unified testing platform, announced the launch of The Phoenix Project, an Employee Resource Group (ERG) dedicated to supporting and promoting the success of its female employees. “LambdaTest is committed to fostering a diverse, inclusive, and equitable workplace where all employees feel valued and empowered to reach their full potential,” said Chandini Chopra, VP of People and Culture at LambdaTest. “The Phoenix Project is a critical step towards achieving this goal by providing a platform for professional development, networking, and mentorship, especially for our women employees.” The Phoenix Project Aims To: Offer professional development workshops, networking opportunities, and dedicated time off for women to participate in ERG initiatives. Provide mentorship programs connecting senior female employees with mentees. Promote leadership development among women within the company. Create a sense of community for women in the workplace. Leadership and

The reopening of the Yokohama Museum of Art adds another innovative and distinctive venue for events in Yokohama28.3.2024 16:00:00 CET | Press release

After extensive renovations, the iconic Yokohama Museum of Art has reopened its doors to visitors from all over the world. The museum’s reopening paves the way to new and closer collaboration with international events in Yokohama. This extraordinary venue is the ideal setting for a one-of-a-kind gathering, in part, supported by the Yokohama Convention & Visitors Bureau (hereinafter YCVB). The Yokohama Museum of Art Founded in 1989, the Yokohama Museum of Art collects over 14,000 works of art that reflect the many facets of life in Yokohama—past, present, and future. The reopening of the museum coincides with the Yokohama Triennale, an international exhibition featuring contemporary artists whose decentralized exhibits turn the entire metropolis into an art museum. The 8th Yokohama Triennale is being held from March 15 to June 9, 2024, with the Yokohama Museum of Art being a pivotal venue for the exhibition. With the museum firmly back on the map as Yokohama’s leading artistic venue, YC

HiddenA line styled icon from Orion Icon Library.Eye