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ABOUT

Company’s Name

Institute for Q-shu Pioneers of Space, Inc. (iQPS)

Listed

Tokyo Stock Exchange, Growth Market (Stock Code: 5595)

Representative

Shunsuke Onishi, President and Representative Director CEO

Executives

Takayoshi Matsumoto, Director

Tatsuhiko Nishimura, Outside director (Managing Director, Venture Capital & Growth Investment Group, INCJ, Ltd.)

Katsuaki Komura, Director (Audit and supervisory committee member)

Kazunori Nakahara, Outside director (Audit and supervisory committee member / Certified Public Accountant)

Michishige Hashimoto, Outside director (Audit and supervisory committee member / Representative lawyer, Josui law office)

Vice President

Masahiko Uetsuhara, General Manager, Development Department

Saori Doi, General Manager, Business Strategy Department

Katsumi Hashimoto, General Manager, Administration Department

Established

June 2005

Address

6F Rengo Fukuoka Tenjin Building 1-15-35 Tenjin, Chuo-ku Fukuoka 810-0001, Japan

Capital

JPY 1,939 million

Business overviews
  1. 1.Research & development, design, manufacturing, sales, operation, management and maintenance of satellites, satellite onboard equipment, precision instruments, electronic equipment, ground equipment, software and information and communication networks.
  2. 2.Business related to data acquired by satellites, etc.
  3. 3.Provision of services using satellites, etc.
  4. 4.Planning and operation of training sessions, workshops, and seminars regarding space technologies.
  5. 5.Business related to technical consultation, operation support, commissioning,development guidance, lectures, education and writing regarding the above items.
  6. 6.All businesses associated with all of the above.

MANAGEMENT

Shunsuke Onishi

President and representative director CEO /
Ph.D. in Engineering
Shunsuke Onishi

Ph.D. in Engineering, Kyushu University Department of Aeronautics and Astronautics.
Directed the satellite development and launching as Student project leader of QSAT-EOS, which is a 50 kg-class small satellite project for Earth observation developed by universities and companies in Kyushu area of Japan from May 2008 to November 2014.
Joined iQPS as a Senior Researcher in October 2013 hoping to make an impact on the global space industry from Kyushu and In April 2014, Shunsuke Onishi took over the position of President and representative director CEO of the company.
Participated in more than 10 satellite projects conducted by universities, companies, and JAXA.

取締役・研究所長 八坂 哲雄

Founder, Professor Emeritus of Kyushu University /
Ph.D. in Engineering
Tetsuo Yasaka

Completed Doctoral program in Aeronautics, Graduate School of Engineering, The University of Tokyo. After graduation, worked as an assistant at the Institute of Space and Aeronautical Science, The University of Tokyo before joining NTT Laboratories, where became a professor at Kyushu University in 1994. Following retirement from the professorship, co-founded iQPS with other professors and engineering experts to aim of passing on the technology of small satellite development to Kyushu University’s student and to establish the space industry in local companies in Kyushu. In 2003, assumed the first President of UNISEC and from 2008 to 2012, served as the Vice President of IAF, dedicating himself to the advancement of space development and the cultivation of future talents, thus making significant contributions to the field of global space industry. Numerous outstanding accomplishments were recognized, and in 2006, awarded the Frank J. Malina Astronautics Medal. Furthermore, has been actively involved in space debris research from an early stage, establishing JSASS in 1990, and publishing the book "Space Debris Issues" (Shokabo, 1997).

HISTORY

From Kyushu to Space.
The venture of space engineering originated in a university.

iQPS was founded in 2005 by Tetsuo Yasaka and Akira Sakurai, both Emeritus Professors of Kyushu University,
and Kunihiro Funakoshi, a rocket developer of Mitsubishi Heavy Industries, Ltd.,
in order to propagate the small satellite development technologies nurtured
in Kyushu University since 1995 and establish the space industry in the Kyushu region.
Since then, iQPS has developed various technologies based on over 20 years of experience and knowledge in small satellite development in Kyushu University.

1995
  • Started development of 50cm-class small satellite at Kyushu University.
1998
  • Developed a research satellite for tether dynamics.
2003
  • Observation satellite for polar plasma observation
2005
  • iQPS Inc. established
2009
  • QSAT-EOS project was adopted by MEXT as a nanosatellite development project.
2014
  • Launched QSAT-EOS successfully.
2017
  • Raised 2.35 billion yen as a Series A finance which is the largest amount in Kyushu area
2019
  • Obtained the license pertaining to use of Satellite Remote Sensing Instruments for the first time as venture company in July
  • Succesful launch of iQPS small SAR satellite “IZANAGI” from Satish Dawan Space Center in India in December
2021
  • Launch of iQPS 2nd small SAR satellite “IZANAMI” by Falcon9 from Cape Canaveral Air Force Station in January
  • Announced “first light” images from IZANAMI in March
  • In May, successfully acquired the highest resolution image of 70 cm as a small SAR satellite in Japan
  • In June, selected for the Fukuoka City Full Support Verification Test “Space” Project
  • In June, joint demonstration of J-SPARC Project started with Kyushu Electric Power Co., Inc. and JAXA
  • In December, raised 3.85 billion yen as a Series B First Close
  • Announced strategic business alliance with SKY Perfect JSAT Holdings Inc. and Nippon Koei Urban Space Co., Ltd. in December.
2022
  • Raised an additional approx. 1.05 billion yen in Series B Second Close in February.
  • Awarded the Prime Minister's Award, the highest award, at the Space Exploitation Prize hosted by the Cabinet Office of Japan in March
  • In October, launch QPS-SAR-3 "AMATERU-I" and 4 "AMATERU-II" aboard Epsilon Rocket 6. However, due to a launch failure, the satellites were lost.
2023
  • In March, successfully raised an additional 1 billion yen in funding, bringing the total cumulative funding to approximately 9.2 billion yen.
  • In June, QPS-SAR-6 "AMATERU-III," was launched by SpaceX's Falcon 9 rocket.
  • In July, the first light of AMATERU-III was announced.
  • In July, AMATERU-III successfully acquired images as a commercial SAR satellite with a remarkable resolution of 46cm.
  • In October, selected for METI’s SBIR Phase 3 (max. grant amount: ¥4.1 billion yen).
  • In October, concluded a syndicated loan agreement totaling 5 billion yen.
  • In December, listed on the Tokyo Stock Exchange Growth Market.
  • In December, QPS-SAR-5 “TSUKUYOMI-I”, was launched by Rocket Lab’s Electron
    (dedicated mission: “The Moon God Awakens”).
2024
  • In January, announced the first light of TSUKUYOMI-I.
  • In February, announced the acquisition of Spotlight mode (high resolution mode) images by TSUKUYOMI-I.
  • In April, QPS-SAR-7 "TSUKUYOMI-II", was launched by SpaceX's Falcon 9 rocket
  • In May, announced the first light and acquisition of Spotlight mode images by TSUKUYOMI-II
  • In August, QPS-SAR-8 "AMATERU-IV", was launched by SpaceX's Falcon 9 rocket
  • In September, announced the first light and acquisition of Spotlight mode images by AMATERU-IV

PARTNER

Development of QPS-SAR is supported by local companies, mainly in northern Kyushu, who the founder members have traveled throughout Kyushu since the early 2000s to pass on and foster space technology. Currently, we are collaborating with over 25 partner companies nationwide to advance our development efforts.

AWARD

Year Name of Award Program Award Title Organizer
July 2015 Tech in Asia Tour @Fukuoka -Road to Tokyo- PR times award Tech in Asia Japan
March 2018 Fukuoka Venture Market Award 2018 Grand Prize Fukuoka Venture Business Support Council
March 2018 Kyushu Mirai Award Special Jury Award “Future Industry Amassing Award” Kyushu Mirai Award Executive Committee (by 7 newspapers in Kyushu)
October 2018 Kyushu Yamaguchi Venture Market 2018(KVM2018) Grand Prize at Venture Division Kyushu Yamaguchi Venture Market Executive Committee
March 2019 The 11th FUKUOKA Ruby AWARD Fukuoka Prefecture Governor's Prize Fukuoka Ruby and Software Industry Promotion Committee
March 2019 The 11 th FUKUOKA Ruby AWARD Grand Prize Fukuoka Ruby and Software Industry Promotion Committee
September 2021 Awards system of JAA Dreams of the Sky Award Japan Aeronautic Association (JAA)
March 2022 The 5th Space Exploitation Prize Prime Minister’s Award The Cabinet Office of Japan
July 2024 The Nihon Securities Journal IR Awards Space-Related Companies with Dreams of Cutting-Edge Technology Nihon Securities Journal and JIA Securities
July 2024, The Nihon Securities Journal IR Awards
March 2022, Space Exploitation Prize
September 2021, Dreams of the Skies Award
SUSTAINABILITY

ACCESS

【Address】6F Rengo Fukuoka Tenjin Building 1-15-35 Tenjin, Chuo-ku Fukuoka 810-0001, Japan

Fukuoka City Subway: 5 min. walk from Tenjin Station on the Airport Line
Nishitetsu Bus: 1 min. walk from Acros Fukuoka & Suikyo Tenmangu (shrine) bus stop