# PD AeroSpace.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pd-aerospace

- Industry: Aerospace
- Headquarters: Nagoya, Japan
- Website: https://www.pdas.co.jp
- Total disclosed funding: $5.7M
- Latest round: Series A (Jun 23, 2021)
- Investors on record: 7

## About

PD AeroSpace. LTD., based in Japan, specializes in developing innovative suborbital spacecraft and advanced propulsion systems aimed at revolutionizing space travel and accessibility.Founded in 2007 and headquartered in Nagoya, Japan, PD AeroSpace. LTD. focuses on the development of reusable suborbital spacecraft. The company has secured 5 funding deals, with the most recent being a Series A round in June 2021. This funding round raised JPY 309 million from investors Toyota Tsusho Corporation and Yoshimoto Investment, bringing the total amount raised to JPY 309 million and a current company valuation of JPY 3,792.847 million. The CEO, Shuji Ogawa, leads the company in its ambitious endeavors.PD AeroSpace Co., Ltd. specializes in developing fully reusable suborbital spacecraft, both manned and unmanned. The flagship product features a unique engine leveraging detonation technology for seamless jet and rocket combustion, facilitating efficient space access. The company aims to create a space transportation infrastructure centered around Shimojishima Airport in Okinawa, Japan, and targets markets including commercial space tourism and governmental space programs, catering to both domestic and international clients.Revenue for PD AeroSpace is generated through B2B partnerships with governmental agencies, research institutions, and private enterprises interested in suborbital space travel. This includes subscription models for training programs simulating zero-gravity environments and offering package deals for space travel experiences. The company's patented engine technology and dedicated spaceport facilities are central to their revenue strategy, attracting a diverse client base in the space transportation markets.As of June 2021, PD AeroSpace. LTD. plans to utilize the JPY 309 million raised in its Series A funding round to strengthen its development structure and establish space docks. The funds will also support the development of new engines capable of switching between jet and rocket combustion modes, along with the PDAS-X06 and X07 unmanned flight designs. The company is focused on expanding its operations into new geographic regions to further enhance its market presence in the space transportation sector.

## Funding rounds

- Series A, Jun 23, 2021, $2.8M — Toyota Tsusho, Yoshimoto Integrated Fund
- Series A, Apr 15, 2020, $0.9M — Sojitz Corporation, OKB Capital
- Series A, Dec 25, 2018, $2M — MIRAIDOOR, TOHOKU University Venture Partners, Chubu-Nippon Broadcasting Co.,Ltd.

## Investors

- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series A
- TOHOKU University Venture Partners (https://capitalatlas.ai/funds/tohoku-university-venture-partners) — Series A
- Chubu-Nippon Broadcasting Co.,Ltd. — Series A
- Sojitz Corporation — Series A
- OKB Capital (https://capitalatlas.ai/funds/okb-capital) — Series A
- Toyota Tsusho — Series A
- Yoshimoto Integrated Fund (https://capitalatlas.ai/funds/yoshimoto-integrated-fund) — Series A