Ursa Space Systems on Wednesday reported [https://seekingalpha.com/pr/20205993-sumitomo-corporation-invests-in-ursa-space-to-accelerate-global-growth-and-expand-into-japan]a strategic investment from Sumitomo Corporation of Americas, the largest subsidiary of Sumitomo Corporation (OTCPK:SSUMY [https://seekingalpha.com/symbol/SSUMY]), which is one of Japan's largest integrated trading and investment conglomerates.
"Partnering with Sumitomo as we expand into Japan positions us strongly for success," said Adam Maher, CEO of Ursa Space Systems.
With this new round of funding, Ursa Space will grow its capabilities, expand its reach into Asia, and further enhance its platform to meet the demands of a global customer base, the company said.
Sumitomo joins existing investors in Ursa Space, which includes Dorilton Capital and RRE Ventures, among others.
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Sumitomo invests in Ursa Space to accelerate global growth and expand into Japan
Published 2 months ago
Aug 20, 2025 at 5:55 AM
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