#Japan #Sapporo #MJOLNIR SPACEWORKS #Space Strategy Fund #rocket technology

MJOLNIR SPACEWORKS Secures Space Strategy Fund

MJOLNIR SPACEWORKS, a burgeoning startup based in Sapporo, Hokkaido, has recently received approval for funding from the National Research and Development Agency, JAXA, under its Space Strategy Fund initiative. The company proposed a project focused on the development of ultra-lightweight storage devices, aiming for significant advances in rocket technology over the next four years. The total funding of approximately 1.8 billion yen is slated to propel crucial research and development geared towards bolstering Japan's capabilities in frequent rocket launches.

Background of the Initiative

The demand for satellite launches has surged globally due to the rapid growth of the commercial space sector, advancements in technology, and increasing interest in space exploration. However, Japan currently faces a shortage of rocket launch opportunities, with fewer than ten domestic launches annually. This shortfall results in Japanese satellite operators often having to seek launch services abroad, leading to economic setbacks and delays in technology development. As a response, there is a pressing need for a reliable space transportation system capable of high-frequency launches to satisfy domestic demands.

Project Overview

Both storage tanks and canisters constitute a significant portion of rocket infrastructure. The focus of this research and development project will be to establish a robust system design for ultra-lightweight storage canisters and to innovate their manufacturing processes. The ultimate goal is to enable mass production of these components, contributing significantly to Japan’s capacity for high-frequency space launches and establishing a sustainable supply chain in the global space transportation network.

Future Prospects

MJOLNIR SPACEWORKS is committed to paving the way for an era where anyone can access space. With the deployment of its advanced storage technology, the company aims to supply its innovative components to rockets worldwide. Through these efforts, MJOLNIR SPACEWORKS not only hopes to innovate in technology but also to play a key role in advancing the overall space industry.

Additional Information

The initial phase of the grant period will commence upon the decision of subsidies, running until the end of the fiscal year following the completion of the first stage gate evaluation. The funding limit may vary depending on evaluations and subsequent approvals.

Key Project Details

Project Theme: Development of Rocket Components for High-Frequency Launching
Lead Organization: MJOLNIR SPACEWORKS
Research Representative: Hiroki Iwaki
Technical Objective: Establishing system design capabilities and manufacturing processes for ultra-lightweight storage canisters
* Related Information: JAXA Themes

About MJOLNIR SPACEWORKS

Founded in 2020 in Sapporo, MJOLNIR SPACEWORKS—abbreviated as MSW—strives to revolutionize rocket production, aiming to manufacture them on a scale akin to automobiles. Focusing on hybrid rocket engines and seamless tanks, the startup utilizes a safe and cost-effective design leveraging plastic fuel and liquid oxidizers. The company achieved notable milestones, including a successful ground combustion test of a 40 kN class engine projected for 2024.

In collaboration with NEDO, MJOLNIR SPACEWORKS has raised approximately 850 million yen in funding, enabling them to enhance their technology and expand into international markets.

• - Company Name: MJOLNIR SPACEWORKS
• - Headquarters: Noblesse SAPPORO, Room 201, 3-1-1 Kitajūjō Nishi, Kita-ku, Sapporo, Hokkaido
• - CEO: Kazuo Yokoyama
• - Established: January 21, 2020
• - Business Focus: Designing, manufacturing, and trading aerospace and space-related technologies
• - Website: MJOLNIR SPACEWORKS
• - Twitter: @m_spaceworks

For media inquiries, please contact MJOLNIR SPACEWORKS here.