Pale Blue
Water Ion Thruster, Hall Thruster, Space Mobility
Kashiwa, Japan · Founded 2020 · $27.6M raised
- Headquarters
- Kashiwa
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- pale-blue.co.jp
- Total Funding
- $27.6M
- Last Round
- Corporate RoundAug 2025
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Pale Blue is a Japanese space technology company spun out from the University of Tokyo in 2020, specializing in the development and manufacture of propulsion systems for small satellites. The company produces water-based electric propulsion systems — including water ion thrusters, water resistojets, and hall thrusters — that use water as a safe, non-toxic propellant. Pale Blue has achieved in-orbit operations across numerous missions, building a proven track record with partners including JAXA, Sony Group, and others. The company operates a mass production facility in Tsukuba, Japan, and serves satellite integrators and operators worldwide, addressing the growing global demand for reliable small satellite propulsion from Low Earth Orbit to deep space.
Summary
Pale Blue is a Space Tech company based in Kashiwa, Japan, founded in 2020. It has raised $27.6M in total across 5 rounds, most recently a Corporate Round in Aug 2025. Investors include Incubate Fund, Mitsubishi Electric ME Innovation Fund and Astart.
Tech & App Stack
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Funding History
Aug 2025
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Funding: Seed through Corporate Round. Amounts, valuations, and investors where available.
Investors
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