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Pale Blue

University of Tokyo spinoff that builds satellite thrusters running on water, a safe and cheap propellant. Its water thrusters have already flown on several missions in orbit.

SpaceNews (2025-01-08) reports a $16 million Series B but gives no date, so only the dated 2023 round is listed.

Products, by altitude

Low Earth orbit · 160–2,000 km

Known rounds

DateRoundAmount
Oct 2023Venture round$7.5M⁠1

Milestones

  • Jan 2025 Agreed with D-Orbit to fly two 2025 demonstrations of its 1U+ water ion thruster.⁠2

Sources

  1. SpaceNewsOct 6, 2023
  2. SpaceNewsJan 8, 2025
  3. Pale Blue website

Updated Oct 22, 2026 · How we source facts · Suggest a correction