Mitsubishi plans to leverage its space research capabilities to improve terrestrial product development and expand access to space-based technologies globally for Starlab.
Starlab Space LLC (Starlab Space), the joint venture between Voyager Space and Airbus, has announced the inclusion of Mitsubishi Corporation as a strategic partner and equity owner in Starlab Space. This collaboration marks a significant expansion for Starlab Space, transforming it from a transatlantic partnership into a global organisation.
Renowned for its innovative ventures across diverse industries, Mitsubishi Corporation brings extensive expertise and resources to this global partnership. The corporation aims to leverage its capabilities to enhance and accelerate terrestrial product development in various industries, utilizing space research, and expand access to space-based technologies worldwide.
Mikito Nakaniwa, Division COO, Infrastructure, Ship & Aerospace Division of Mitsubishi Corporation, said: “We are excited to join forces with Starlab, a best-in-class team comprising Airbus and Voyager, to drive innovation and catalyse advancements in space exploration. Together, Mitsubishi Corporation and Starlab aim to open the commercial Low Earth Orbit (LEO) marketplace and create lasting value for global companies and industries.”
Additionally, this partnership is expected to expand access for the Japanese space economy and industrial base into the LEO marketplace by harnessing Starlab’s cutting-edge technologies and capabilities.
Dylan Taylor, Chairman and CEO at Voyager Space, added: It’s an honour to welcome Mitsubishi Corporation as a partner in our joint venture. Mitsubishi Corporation’s customer-centric focus and commitment to innovation aligns perfectly with our vision for Starlab. Together, we’ll unlock space technology on a global scale and drive meaningful impact across several industries, from space to ground.”
Mike Schoellhorn, CEO of Airbus Defence and Space, stated: “We are very pleased to welcome Mitsubishi Corporation as a strategic partner in our joint venture with Voyager Space. This brings Starlab Space to the next level on the way to a truly global endeavour. Our next-generation space station relies on both innovation and experience. Hence Mitsubishi Corporation, a pioneer of space business in Japan since the 1960s with a strong drive for shaping the future, is a perfect addition to our team.”
With state-of-the-art research facilities and a global presence, Starlab Space is well-positioned to support advanced space research and serve end-use customers on a global scale. This partnership underscores Starlab Space’s dedication to innovation, not only in technology but also in operating a space station as a business in LEO, setting the standard for success in this new market.
