Astroscale Awarded Grand Prix At The UNESCO Netexplo Innovation Forum 2020

Astroscale Holdings Inc. (“Astroscale”), the market-leader in securing long-term orbital sustainability, was today awarded Grand Prix during the UNESCO Netexplo Innovation Forum 2020, out of 10 breakthrough digital innovations which were selected for their disruptive potential.

Netexplo, an independent observatory that studies the impact of digital tech on society and business, has been a UNESCO partner since 2011. This year’s UNESCO Netexplo Innovation Forum showcased 10 breakthrough digital innovations with the potential of profound and lasting impact on digital society. The innovations were identified worldwide through a year-long search by the Netexplo University Network, made up of globally renowned universities in the technology domain. Astroscale won Grand Prix for its innovative satellite technologies that will reduce orbital debris and support the long-term, sustainable use of space.

“We are truly honored to be named Netexplo Grand Prix 2020, and I share this win with everyone on our team working hard on the technology, policy and business case challenges of this complex, global issue,” said Nobu Okada, Founder & CEO. “I am encouraged to see what’s happening in Earth’s orbits as having a profound and positive impact on society. Right now COVID-19 and countless environmental catastrophes are wreaking havoc all over the globe, and we’re committed to stopping another potential disaster from unfolding over our heads.”

The rise of large commercial satellite constellations in low Earth orbit (LEO) means that the threat of a potential collision or break-up in key orbits will escalate. This increasing amounts of debris endangers current and future satellite missions and puts society’s reliance on data from space at risk. Astroscale will launch its End-of-Life Services by Astroscale-demonstration (ELSA-d) mission later this year as part of its critical end-of-life services, which will safely remove defunct satellites from orbit and maintain the viability of LEO.

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