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SCIENCE > Space

Mitsui & Co. to invest in U.S. satellite company

  • May 31, 2022
  • , NIKKEI Business Daily , p. 4
  • JMH Translation

A satellite ground station set up by ATLAS in Hokkaido.

Mitsui & Co. has announced that it will invest in ATLAS Space Operations, an American company based in Michigan that provides satellite ground station service. The Japanese trading company will take advantage of the technology to automate the operations of satellite ground stations owned by ATLAS in a bid to accelerate its efforts to commercialize space.

 

Mitsui will finalize the investment procedures this autumn after obtaining approval from the U.S. authorities. The company has not disclosed the amount of investment. (Abridged)

 

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