News

JIC Venture Growth Investments, through its JIC Venture Growth Fund 2, has invested in MJOLNIR SPACEWORKS Co., Ltd.(MSW)

MSW is a company engaged in the research, development, and manufacturing of engines and key rocket components for space applications. The company aims to pioneer a new era of space by enabling the mass production of rockets, making space accessible to everyone.

Today,the space industry is positioned as one of the key growth sectors expected to support Japan’s economy. While many companies are planning to launch small satellites, the limited number of available rocket launches remains a significant challenge.

Using the funds from this investment, MSW will advance the research and development of hybrid rocket engines that enable low-cost production while maintaining high safety, as well as development and commercialization of high-performance tanks for space applications.

The significance of this investment lies in supporting MSW to help reduce rocket launch costs for Japan’s rocket companies and enable more frequent launches, thereby contributing to the overall growth of Japan’s space industry.

_{The information contained in this notice is current at the time of publication and subject to change without notice.}