Five Japanese Companies Invest in Satellite Data Services Initiative for Future Applications
Investing in Satellite Data Services: A Collaborative Effort
In a significant move to advance the use of satellite data, five prominent Japanese companies - Kokusaikogyo Co., Mitsubishi Electric Corporation, MUFG Bank, ID&E Holdings, and Zenrin Co. - have invested in Satellite Data Services Co., Ltd. (SDS). Established as an initiative to promote satellite data utilization, SDS will officially begin operations in April 2024, following its transformation into a business entity.
This investment aligns with the Japanese government's initiative to enhance the use of satellite data within government agencies, as outlined by the
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