Mitsubishi Electric’s ME Innovation Fund Invests in Pale Blue, Startup Developing Water-based Propulsion Systems for Satellites
Enhancing satellite propulsion technology to help achieve the sustainable utilization of outer space
In recent years, the number of satellite launches has increased significantly worldwide, and the number of businesses utilizing satellite constellations has rapidly expanded. Propulsion systems, which serve as the driving force for satellite operation and orbital transfer, are critical components of satellite missions. This has led to growing demand for propulsion technologies that offer superior safety, cost efficiency, and lower environmental impact.
Founded in 2020 as a deep-tech startup originating from the
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