An article about Polar Star Space of METI Journal was published in the English newspaper "The Japan Times".▶
The article "Challenge to the actual use of remote sensing from space to solving problems in the world" was published in the English newspaper "The Japan Times".
Click here for details=> Startup working to solve problems using satellite, drone data
METI Journal, a public relations magazine of the Ministry of Economy, Trade and Industry, reported that Polar Star Space succeeded in identifying anomalous trees affected by diseases in demonstration experiments at oil palm plantations in Malaysia and banana plantations in the Philippines.▶
From METI Journal "Startup working to solve problems using satellite, drone data"
"In 2018, Polar Star Space conducted a joint project with several partners, including Hokkaido University, in which it successfully developed a technology to detect disease-affected trees. The project used machine learning to analyze detailed spectrum data from a vast oil palm plantation in Malaysia, measuring about one-fifth the area of Tokyo. A similar project was undertaken at a banana plantation in the Philippines. At the banana plantation, farmers used to have to walk around the banana plants looking for signs of new Panama disease. If affected plants can be quickly identified using measured data, it would go a long way in preventing the spread of the disease."
"it can identify with a high level of precision subtle changes that the human eye simply can’t. It achieves this by seamlessly working with an ultrasmall satellite or drone, depending on the scope needed to be captured and the desired degree of precision."
"'When you think of space development, you tend to think of blasting rockets and satellites into space. I think the meaning of doing this is to create services that can make people around the world aware that the data obtained has made their lives richer and more convenient.'"
Click here for details=> Startup working to solve problems using satellite, drone data
Polar Star Space has joined the Regional Revitalization SDGs Public-Private Partnership Platform to promote the domestic implementation of SDGs operated by the Cabinet Office.▶
The "Regional Revitalization SDGs Public-Private Partnership Platform" is operated by the Cabinet Office as a place for public-private partnerships to deepen partnerships with a wide range of stakeholders with the aim of promoting domestic implementation of SDGs and leading to further regional revitalization.
Polar Star Space will contribute to the revitalization of the local economy and the development of a sustainable society by solving problems such as agriculture by using ultra-high precision spectrum measurement technology. Click here for details=> About regional revitalization SDGs public-private partnership platform
Polar Star Space has joined the "Space ICT Promotion Forum" established by the National Institute of Information and Communications Technology (NICT) in collaboration with the Japan Aerospace Exploration Agency (JAXA).▶
"Space ICT Promotion Forum" Established by the National Institute of Information and Communications Technology (NICT) in cooperation with the Aerospace Research and Development Organization (JAXA) for multifaceted development of space communication technology and cooperation with cutting-edge terrestrial communication technology. It is a community where related companies, institutions, user companies, etc. related to space ICT gather and discuss comprehensively.
Polar Star Space will endeavor to realize a prosperous life by utilizing the data obtained from space development together with related companies, institutions, user companies, etc. related to space ICT participating in the forum. Click here for details=> Establishment of "Space ICT Promotion Forum"
Polar Star Space has awarded in the "Real Tech Venture of the Year Startup Category" sponsored by Lipanes Co., Ltd.▶
"Real Tech Venture of the Year" is a future-oriented award system that certifies "ventures that are likely to grow in the future" before they become very successful. Polar Star Space was recognized and commended as "a venture company engaged in businesses with high uniqueness, novelty and growth potential in the real tech field".
Click here for details=> Award system for leap forward venture companies Real Tech Venture of the Year
Polar Star Space was selected as a "J-Startup" company, a start-up company development support program promoted by the Ministry of Economy, Trade and Industry.▶
"J-Startup" is a support program which selects candidate companies (J-Startup companies) based on recommendations from outside experts such as new business managers of large companies in order to create startups that are active globally. J-Startup companies are supported intensively by the government and private sectors. The Ministry of Economy, Trade and Industry, Japan External Trade Organization (JETRO), and New Energy and Industrial Technology Development Organization (NEDO) manage the program. Click here for details=> J-startup: Polar Star Space Co., Ltd
In the Strategic Fundamental Technology Advancement Support Project (Supporting Project), the "Development and Sales of Agricultural Disease Extraction and Distribution Service System" project in which Polar Star Space participates was adopted.▶
"Strategic basic technology advancement support project (support business)" is research and development that leads to the advancement of specific manufacturing basic technology (12 fields) conducted by SMEs and small businesses in collaboration with universities and public trials. The purpose is to strengthen the international competitiveness of Japan's manufacturing industry and create new industries by supporting efforts toward the development and commercialization of prototypes. Click here for details=> Manufacturing industry revitalization-Strategic basic technology advancement support project (support business)
＜Adopted project name＞Development and sales of agricultural disease extraction and distribution service system ＜Outline of research and development＞Utilize remote sensing technology to realize automatic service for disease detection of crops. The damage caused by the new Panama disease is serious overseas, and there is a strong need for disease diagnosis information for each crop in Japan as well. In addition to using satellite images, UAVs and hyperspectral sensors will be used to improve information accuracy. In addition, we will develop a consistent automatic system from measurement to information disclosure for analysis that requires specialized knowledge, and create a new remote sensing business.
Click here for details=> Outline of adopted projects for the strategic basic technology advancement support project in 2019
Polar Star Space implemented a capital increase through third-party allotment with Incubate Fund, Archetype Ventures, and Okasan Capital as underwriters.▶
Incubate Fund is an independent venture capital firm that has a competitive edge in start-ups in the early days. In order to be the "first and largest cheering party" for entrepreneurs, it maintain the independence and long-term perspective of individual general partners, and provide investment support based on the belief of active management participation and multifaceted support. Click here for details=> Incubate Fund
Archetype Ventures is a venture capital firm that invests in promising B2B technology start-up companies in Japan and overseas to actively provide sales support and management support. Click here for details=> Archetype Ventures
Okasan Capital provides risk money from a long-term perspective to venture companies that are responsible for innovation, and contributes to the expansion of new industrial areas in Japan. Click here for details=> Okasan Capital Partners
At the "2018 Entrepreneur Expo" sponsored by the Ministry of Internal Affairs and Communications and the National Institute of Information and Communications Technology (NICT), Polar Star Space received the "Judges' Special Award" and the sponsoring company's Special Award, "AWS (AWS). Received "Amazon Web Services) Award" and "Panasonic Award".▶
The "Entrepreneur Expo" is a new event organized by the Ministry of Internal Affairs and Communications and the National Institute of Information and Communications Technology (NICT). It is an event that ICT star-ups from all over the country who are trying to aim for a prosperous world using ICT and securing human resources announce new businesses (products and services) with ingenuity, and challenge business matching such as business tie-ups, financing, expansion of sales channels. Polar Star Space received the "Judge's Special Award", the "AWS (Amazon Web Services) Award" and the "Panasonic Award", which are the sponsoring company's special awards,
Click here for details=> 2018 Entrepreneur Expo-Holding Report
Polar Star Space received a special award at the final selection of the Hokkaido area of "X-Tech Innovation 2018" sponsored by the Hokkaido Bank and others.▶
"X-Tech Innovation 2018" is organized by Fukuoka Financial Group, Fukuoka Bank, Kumamoto Bank, Juhachi Bank, Hokuhoku Financial Group, Hokkaido Bank, 77 Bank, and Bank of Okinawa. This is a business contest that crosses over and widely recruits new services that utilize digital technology. By providing matching opportunities between major companies and start-up companies, it is exploring support for the commercialization of business ideas and the possibility of using them in existing businesses, contributing to the revitalization of the local economy. Polar Star Space won a special prize at the final selection in the Hokkaido area of the contest.
Click here for details=> "X-tech Innovation 2018" Hokkaido area final selection result
Polar Star Space received the NICT Award at the "No Maps NEDO Dream Pitch" with Entrepreneur Expo, sponsored by the Ministry of Economy, Trade and Industry's Hokkaido Bureau of Economy, Trade and Industry and the New Energy and Industrial Technology Development Organization (NEDO).▶
"No Maps NEDO Dream Pitch" with Entrepreneur Expo "is sponsored by the Ministry of Economy, Trade and Industry's Hokkaido Bureau of Economy, Trade and Industry and NEDO (New Energy and Industrial Technology Development Organization), and presents excellent research seeds and business ideas. This is a business plan contest aimed at starting a business or creating a new business. Polar Star Space won the NICT Award (Hokkaido Entrepreneur Expo Award) and got the right to challenge the National Entrepreneur Expo in March 2019. Click here for details=> "No Maps NEDO Dream Pitch" with Entrepreneur Expo Award
The Nihon Keizai Shimbun introduced the efforts for early detection of diseases at large-scale farms of bananas and oil palms in Southeast Asia in Polar Star Space.▶
The business of Polar Star Space was introduced in the Nihon Keizai Shimbun, "Mainly on large-scale farms such as bananas and palm oil in Southeast Asia, we collect and analyze information on growth conditions and soil. We can detect diseases early to prevent the spread of infection and optimize the amount of fertilizers and pesticides used." Click here for details=> Satellite eyes for banana cultivation VB from Hokkaido University, detect diseases
Click here for details=> Crop disease Discovered from satellite Experiment with banana, a venture from Hokkaido University Develop a large-scale farm
The investment has been decided as the first project of the "North Pacific SDGs Promotion Fund" established by the North Pacific Bank in May 2018.▶
The "North Sea SDGs Promotion Fund" targets small and medium-sized enterprises in Hokkaido that meet the concept of SDGs (= Sustainable Development Goals), solves the problems faced by regional enterprises through the provision of funds, revitalizes the regional economy and Hokkaido. It is a fund that aims to contribute to the sustainable development. Ultra-high-precision spectral data analysis by Polar Star Space makes it possible to quickly find various information such as plant growth status, thermal environment on the ground, soil and crop properties, and optimal early detection of crop lesions and fertilization. Since it is possible to increase the yield of agricultural products due to the conversion, it was evaluated as a highly significant business that will lead to solving the problems of modern agriculture, and we received the decision to invest.
Click here for details=> About the first investee of the "North Pacific SDGs Promotion Fund"
Polar Star Space implemented a capital increase through third-party allotment with Global Link Ventures as the underwriter.▶
At Globallink, catalyzer runs side by side with pre-founded teams and venture companies to form teams with researchers and engineers, commercialize them, support measures, collaborate with companies, and invest. Click here for details=> Invested in Polar Star Space, which develops farm monitoring by spectrum measurement.
Polar Star Space was certified as a "Hokkaido University Certified Venture" by Hokkaido University.▶
Polar Star Space has passed the examination of the Hokkaido University Venture Certification System and has been certified as a "Hokkaido University Certified Venture". Click here for details=>Certified venture company from Hokkaido University
Polar Star Space received the highest award and JT award at the "4th Real Tech Grand Prix" sponsored by Leave a Nest Co., Ltd.▶
The "4th Agritech Grand Prix" is a business plan contest aimed at discovering and nurturing technological seeds and entrepreneurs in the real tech area (food, agriculture, environment, water resources, biomass, etc.).
Click here for details=> https://techplanter.com/2017/09/25/atg/
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