Kawasaki Heavy Industries: Agreement on space waste removal: Tokio Marine & Mitsui
Kawasaki Heavy Industries:
An agreement was reached today with Tokio Marine and Mitsui & Co. to commercialize space debris removal (examination of business and economic efficiency).
Aiming to create a ‘space debris removal market’ by private companies.
Current status of outer space:
Currently in outer space,
The launched rocket,
An artificial satellite that has been suspended,
Space garbage, such as those parts,
20,000 or more (with a diameter of 10 cm or more) orbiting.
Outer space risks:
In recent years, telecommunications carriers and earth observation data service companies have been aiming for business development.
Companies are planning to launch a large number of artificial satellites to build a small satellite group (constellation).
The International Space Station,
In addition to the risk of collision with satellites,
Debris propagation by collision with existing debris
There are concerns about such risks.
For this reason, the need to remove space debris is growing in order to develop a safe space business market.
Future business plans:
This collaboration will leverage each company’s strengths * 1.
In addition to constructing schemes for creating a space debris removal market, we will act for legal development and international cooperation.
The market size is expected to exceed 3 billion dollars in 10 years on orbit service for artificial satellites.
We will start business studies such as refueling, repair and refurbishment, orbit departure, and rescue.
Press Release Kawasaki Heavy Industries, Ltd.