Epson makes investment in space robotics development
SYDNEY, 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
ell 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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-Brad