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Press Release from Business Wire: Axelspace Corporation
(AFP) Mar 29, 2026
TOKYO, March 29, 2026 (BSW) - Axelspace Corporation, Meisei Electric Co., Ltd., ANA HOLDINGS INC., and JIJ Inc. are pleased to announce that their jointly proposed technology development project has been selected for Japan Aerospace Exploration Agency (JAXA)'s Space Strategy Fund under the theme "Technology to Enhance Capability of Next Generation Earth Observation Satellites."

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260323044518/en/

Conceptual Diagram of the project. Under this Space Strategy Fund initiative, spectrometers will be newly developed and demonstrated in orbit. In the future, the project envisions the establishment of a satellite constellation capable of observations at different times of the day.


Project Summary (Planned)

Technology Development Theme: Technology to Enhance Capability of Next Generation Earth Observation SatellitesProject Title: Source-Specific CO2 Emission and Uptake Monitoring through Satellite Constellation and Aircraft ObservationsLead Organization: Axelspace CorporationPartner Organizations:- Meisei Electric Co., Ltd.- ANA HOLDINGS INC.- JIJ Inc.Funding Opportunity: JAXA Space Strategy Fundhttps://fund.jaxa.jp/content/uploads/Overview_of_The_SpaceStrategy_Fund.pdf

We envision establishing a new satellite constellation in coordination with aircraft and ground-based sensors upon completion of this technology development. This integrated system aims simultaneous, multi-point observations at different times of day - morning, noon, and afternoon - particularly in regions that house major urban areas. Leveraging these data, we will analyze and provide CO2 emission and uptake information by source sector, time, and location.We believe that such objective and transparent information should provide a basis for an international benchmark for GHG reductions and contribute to the development of globally harmonized evaluation frameworks that incorporate economic incentives for emissions mitigation.

Technology Development Plan

A key enabler for achieving time- and source-specific CO2 monitoring through a coordinated satellite constellation, aircraft, and ground-based observations is the miniaturization and cost reduction of spectrometers.Spectrometers measure gas concentrations by leveraging the property that atmospheric constituents absorb light at specific wavelengths, quantifying concentrations based on the degree of absorption. Under this Space Strategy Fund initiative, we will develop a new compact sensor that can be commonly deployed across satellites, aircraft, and ground-based observations. Unlike conventional high-precision spectrometers designed for government-operated satellites - which are typically large and costly - the new sensor will incorporate advanced domestically developed detector technologies to achieve both compactness and affordability.Following a series of aircraft-based validation tests, we plan to launch a demonstration satellite equipped with the newly developed compact sensor between FY2030 and FY2032, with the aim of acquiring in-orbit observation data.

For the full press release, please visit:https://www.axelspace.com/news/spacestrategyfund_co2/



View source version on businesswire.com: https://www.businesswire.com/news/home/20260323044518/en/




Contact

Media ContactAxelspace Holdings Corporation[email protected]



© 2026 Business Wire, Inc.Disclaimer:This press release is not a document produced by AFP. AFP shall not bear responsibility for its content. In case you have any questions about this press release, please refer to the contact person/entity mentioned in the text of the press release.


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