7th November 2018
Space BD signs MOU with satsearch to Promote India-Japan Cooperation in Space”
Space BD signed an agreement with satsearch in Bangalore to promote collaboration between India & Japan in space.
Bangalore, India: SpaceBD Inc (Tokyo, CEO & Co-Founder Masatoshi Nagasaki, hereinafter "Space BD") signed a Memorandum of Understanding (MOU) with spacejunkies V.O.F., a leading space startup (hereinafter "satsearch"), on cooperation between India and Japan toward promotion of space industry development.
Satsearch is building the global marketplace for the space industry. As an incubatee in the European Space Agency’s Business Incubation Centre in Noordwijk, the Netherlands, satsearch is focused on digitalizing the global space supply chain. Currently, the satsearch platform serves over 5000 space products & services from over 700 suppliers globally.
Space BD is a start-up company founded in Sept 2017 with a mission to contribute, as a service provider for the space industry, to the development of the space industry by contributing to reducing the burden on businesses requiring technology development, and expanding commercial opportunities for new technologies.
India and Japan are both well-established space nations, with extensive heritage and ambitious plans for the future. This agreement between Space BD and satsearch marks an important milestone towards integrating both supply chains and enabling joint commercialization of space. Based on this MoU, Space BD will accelerate business development in India by strengthening the implementation structure of their satellite launch service business through use of Indian launch services. Furthermore, in the area of import and export of space hardware and components, the two companies have confirmed their intent to expand their respective businesses by combining Space BD's strengths in logistics coordination and marketing in the Japanese market, and satsearch's expertise in data analytics for space hardware and components.
For further information, please contact:
Director, Business Development