Epson Makes Investment In Space Robotics Development
AUCKLAND, 15 August 2023 – Epson and its subsidiary Epson X Investment Corporation (EXI) have made an additional investment in GITAI, a startup company that develops general-purpose space robots.
GITAI is a startup that envisions providing safe and affordable labour in space. Their goal is to develop and sell versatile space robots that will serve as a workforce for tasks both inside and outside space stations, in Earth's orbit, as well as on the Moon and Mars. Additionally, they aim to provide services in space.
With the acceleration of space
development, including lunar resource development, Mars
exploration, and the commercialisation of the International
Space Station (ISS), a rapid increase in various types of
work within space is anticipated, such as the construction
of new space stations, lunar bases, and Mars bases. This
work is potentially dangerous and is currently being
performed by astronauts, who must be trained and transported
at tremendous expense.
GITAI is developing
general-purpose robots that can significantly reduce the
risk and burden on astronauts while also dramatically
reducing the overall cost of transportation and training
associated with space labour. By doing so, GITAI aims to
make space exploration and development both safe and
affordable. Since 2021, they have been steadily building a
strong track record by developing lunar work robots and
extravehicular robots, as well as by successfully completing
on-board experiments using demonstration models on the
ISS.
As outlined in the Epson 25 Renewed corporate
vision, Epson aims to drive manufacturing innovation by
co-creating flexible, high-throughput production systems
that reduce environmental impacts. GITAI's space robot
technology has potential applications in Epson's robotics
business and has proven to be competitive in the expanding
space business market.
The company continues to
forge growth with its strong technical and organisation
capabilities. Recognising its impressive track record and
the significant technological advancements it has achieved,
Epson decided to follow up its initial investment in 2021
with this additional investment.
Going forward,
Epson will help to achieve a sustainable society by creating
a variety of partnerships and synergies based on its
proprietary technologies, products, and
services.
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