Space robotics company GITAI brings in over $28M

GITAI, a pioneering space robotics company based in Japan, has recently announced the successful completion of a Series B extension funding round, raising an impressive 4 billion yen, approximately $28.5 million USD. The influx of capital is earmarked for accelerating GITAI's business and technology development initiatives in the United States, with a focus on advancing its revolutionary space robotics solutions.

With this latest funding round, GITAI aims to elevate the technology readiness level of its flagship products, including the Robotic Rover and Lunar Inchworm Type Robotic Arm. These cutting-edge technologies play a pivotal role in lunar infrastructure construction, offering unparalleled versatility and efficiency in extraterrestrial environments. Additionally, GITAI plans to bolster its engineering and manufacturing capabilities in the US, paving the way for further innovation and expansion within the space robotics industry.

At the forefront of GITAI's product portfolio is the Lunar Inchworm Type robot, featuring proprietary grapple end-effectors that enable seamless interchangeability of tools. This innovative design empowers users to perform diverse tasks with ease, leveraging the arm's autonomous mobility capabilities. Coupled with GITAI's Lunar Rover, these technologies form the cornerstone of lunar infrastructure development, facilitating the construction of essential components such as solar panels, communication antennas, and habitat modules.

GITAI's commitment to technological excellence is underscored by its recent accomplishments in achieving Level 3 of NASA's Technology Readiness Levels (TRL) through rigorous testing and validation. These tests, conducted in a simulated lunar environment at the JAXA Sagamihara Campus, showcased the capabilities of GITAI's robotic inchworm arm and lunar rovers in emulating tasks crucial for lunar exploration and base construction.

The Series B extension funding round attracted a diverse array of investors, both new and returning, reaffirming confidence in GITAI's vision and potential. Notable investors include KDDI Open Innovation Fund III L.P., Daiwa Corporate Investment Co., Ltd., The Dai-ichi Life Insurance Company, Limited, and Global Brain Corporation, among others.

Sho Nakanose, Founder & CEO of GITAI, expressed enthusiasm for the company's expansion efforts in the US, emphasizing the pivotal role of robotics in shaping the future of space exploration. "While SpaceX and Blue Origin are revolutionizing space transportation, GITAI is committed to revolutionizing space labor," stated Nakanose. "Our mission is to drastically reduce labor costs and accelerate the development of lunar and Martian infrastructure, laying the foundation for humanity's continued exploration of the cosmos."

As GITAI embarks on its journey to redefine the boundaries of space robotics, the company remains steadfast in its pursuit of innovation and collaboration. With the support of its investors and partners, GITAI is poised to lead the way in transforming the future of space exploration and colonization.

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