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Started collaborating with a U.S. company. Established a local subsidiary

April 04, 2024 by admin_innovative

ASCA-1 Project," Japan's first reusable launch vehicle development project, was launched, a collaboration between private companies from the U.S. and Japan. Press conference and signing ceremony held with Ursa Major Technologies, a rocket engine developer.

INNOVATIVE SPACE CARRIER INC.(CHUO-KU, TOKYO; CEO; KOJIRO HATADA, HEREAFTER REFERRED TO AS "ISC") IS "A WORLD WHERE PEOPLE AND CARGO ARE DELIVERED EVERY DAY. WE ARE A START-UP COMPANY THAT AIMS TO REALIZE A TRANSPORTATION SYSTEM THAT MAKES SPACE POSSIBLE, WITH THE VISION OF "MAKING SUCH THINGS POSSIBLE IN SPACE. ( REUSABLE) IS A START-UP COMPANY THAT AIMS TO REALIZE A TRANSPORTATION SYSTEM THAT MAKES SPACE POSSIBLE.

On April 4 (Thu.), we held a press conference at CÉ LA VI Tokyo CLUB LOUNGE to announce the launch of the "ASCA-1" project to develop a reusable rocket and the establishment of a U.S. corporation, Sirius Technologies, Inc. (Sirius Technologies, Inc.), a U.S. corporation, to collaborate with the U.S. company.

ASCA-1" PROJECT CONFERENCE OVERVIEW

ISC IS AIMING TO PROVIDE SATELLITE LAUNCH SERVICES BY REUSABLE LAUNCH VEHICLES AS THE FIRST STEP TO REALIZE A TRANSPORTATION SYSTEM THAT ENABLES SPACE REUSABLE. ISC HAS ALREADY BEEN SELECTED BY THE MINISTRY OF EDUCATION, CULTURE, SPORTS, SCIENCE AND TECHNOLOGY OF JAPAN FOR THE SBIR PHASE 3 PROJECT "DEVELOPMENT AND DEMONSTRATION OF COMMERCIAL LAUNCH VEHICLES" AND IS CONDUCTING RESEARCH AND DEVELOPMENT FOR A SATELLITE LAUNCH DEMONSTRATION BY MARCH 2028. WE ARE ALREADY WORKING ON RESEARCH AND DEVELOPMENT FOR A SATELLITE LAUNCH DEMONSTRATION BY MARCH 2028.

THE NAME OF THE REUSABLE LAUNCH VEHICLE TO BE DEVELOPED THROUGH THIS PROJECT HAS BEEN DESIGNATED "ASCA-1 (ASCA-1)" AND A DEVELOPMENT ROADMAP HAS BEEN ESTABLISHED TO CHALLENGE HUMANSPACE FLIGHT IN STAGES.

In addition, in cooperation with Ursa Major Technologies (UM), a U.S. rocket engine developer, the project will develop a reusable rocket in collaboration with startup companies in Japan and the U.S. This project is the first attempt to develop a reusable rocket in Japan. This project will be the first attempt in Japan for Japanese and U.S. rocket development ventures to collaborate in the development of reusable rockets.

At this press conference, ISC CEO/Hatada presented a roadmap for future development and presented the concept of the ASCA-1 reusable launch vehicle. Joe Laurienti, UM representative, visited Japan to give a presentation on the background of the collaboration with ISC and his thoughts on the development of the ASCA-1.

THROUGH THIS ALLIANCE, ISC WILL PURCHASE THE "HADLEY" ROCKET ENGINE MANUFACTURED AND SOLD BY UM, AND WILL IMPROVE THE ENGINE BY SHARING DATA OBTAINED THROUGH FLIGHT DEMONSTRATIONS IN THE U.S. THE TWO COMPANIES HAVE ANNOUNCED PLANS TO FURTHER DEVELOP THE SPACE INDUSTRY THROUGH COLLABORATION BETWEEN JAPANESE AND U.S. ROCKET DEVELOPMENT VENTURES. THE ANNOUNCEMENT WAS MADE AT A PRESS CONFERENCE HELD IN TOKYO, JAPAN.

Innovative Space Carrier Inc.  CEOKojiro Hatada, President Comment

We believe in "a world where people and cargo are delivered every day. We have set a challenging goal of developing a reusable rocket in the next five years to realize our vision of "a world where people and cargo are delivered every day. We have set a challenging goal of developing a reusable rocket in the next five years to realize our vision of "a world where people and cargo are delivered every day, even in space. In order to realize this challenging goal, a dynamic development strategy is essential.

We use our own development platform, "P4SD" (Platform for Space Development*), to take on the challenge of agile development.

And now we are pleased to announce a partnership with Ursa Major Technologies, an American rocket engine developer. Although rocket technology is subject to strict export control rules, we will seek collaboration to the extent possible under the good Japan-U.S. relationship. We will use this partnership as a stepping stone to further develop Japan's commercial space industry!

P4SD (Platform for Space Development) is our original research and development platform. All processes related to development, including research, design, and experiments, are converted into data and consolidated on the cloud. It enables seamless and open development and can dramatically improve development efficiency.

■ CEOPresident Kojiro Hatada Biography
Innovative Space Carrier Inc. CEO , Outside Director of ispace Inc. and Arkedge Space Inc.
After completing his Master's degree in Energy Science at Kyoto University in 2004, he joined the Ministry of Economy, Trade and Industry. After working on energy and industrial policies, he was transferred to the Ministry of Foreign Affairs in 2012 to work at the Japanese Delegation to the European Union and the Embassy of Japan in Belgium, and in 2015, he was transferred to the Secretariat for the Strategic Promotion of Space Activities, Cabinet Office, where he was involved in the establishment of the Space Activities Act, the formulation of the Space Industry Vision 2030, the space business idea contest S -In 2017, he returned to the Ministry of Economy, Trade and Industry (METI) and established J-Startup, a new startup support program. Engaged in launching programs, etc. Founded Innovative Space Carrier Inc.in May 2022 and assumed the position of CEO.

■Future Space Carrier Inc. company profile
Corporate name Innovative Space Carrier Inc.
English name Innovative Space Carrier Inc.
Representative CEOKojiro Hatada
Head office address 1-4-1 Nihonbashi, Chuo-ku, Tokyo
Date of establishment May 2, 2022
Total funding 860,000,000 yen
Business description Planning for the commercialization of innovative space transportation systems Study
URL https://innovative-space-carrier.co.jp/

■Sirius Technologies, Inc (ISC's local subsidiary in the U.S.)
Corporate name Sirius Technologies, Inc
Representative CEO Keiichiro Shimada
Management structure Board of Directors Kojiro Hatada / Keiichiro Shimada
Locations Delaware (registered) / Colorado (office)
Date of Establishment March 1, 2024
Activities (1) Cooperative activities with U.S. companies
(2) Recruitment of human resources in the U.S.
(3) Design, manufacturing, testing, etc. in the U.S.

Ursa Major Technologies, Inc. Founder and CEO Joe Laurienti Comments

Ursa Major is honored to be part of this historic partnership with Innovative Space Carrier, which will ultimately enable Japan to launch satellites for Japanese-made rockets. Our technology is now revolutionizing not only the United States approach to space launches but the United States' closest allies too. Our technology is now revolutionizing not only the United States approach to space launches but the United States' closest allies too.

(We are honored to be a part of this historic partnership with ISC. We also hope that this partnership will result in a Japanese-made satellite launch vehicle.
Our technology is now revolutionizing not only the U.S. space launch industry, but also America's closest allies.)

■ Founder and CEO Joe Laurienti Biography
Joe Laurienti
holds a degree in Aerospace Engineering from the University of Southern California. He holds a degree in Aerospace Engineering from the University of Southern California, specializing in the development and manufacture of propulsion technologies. He later worked at SpaceX (Space Exploration Technologies Corp.) led by Elon Musk and Blue Origin, LLC led by Jeff Bezos before founding the company in 2015.

■Ursa Major Technologies, Inc. company profile
Corporate name Ursa Major Technologies, Inc.
Representative Founder and CEO Joe Laurienti
Head office address Berthoud, Colorado, USA
Date established 2015
Business description Development and sales of rocket engines
URL https://ursamajor.com

■We are actively recruiting personnel!
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