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2017.11.06

Real Tech Fund Develops World's Lightest Synthetic Aperture Radar Satellite
Invested in "QPS Research Institute Co., Ltd."

Euglena Investment Co., Ltd.

 Euglena Investment Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative: Akihiko Nagata) has invested in QPS Research Institute Co., Ltd. (hereinafter "QPS Research Institute") as a new investment destination for the venture capital fund "Real Tech Fund". We would like to inform you that we have carried out.

 The QPS Laboratory is developing the world's lightest small synthetic aperture radar (small SAR) satellite * equipped with a large antenna that is lightweight and highly storable, and images obtained by continuous shooting with the small SAR satellite. By combining data and AI, it is expected to be used for defense / security, forest monitoring, etc.
 This time, the Real Tech Fund will underwrite the shares issued by QPS Research Institute through a third-party allotment, and will support the company's R & D and marketing activities.
* Synthetic aperture radar satellite: An artificial satellite that can obtain surface images at night or with or without clouds and eruptions by irradiating microwaves from the satellite.

The details are as follows.

About investment in QPS Research Institute Co., Ltd.

■ About the outline and support contents of QPS Research Institute Co., Ltd.
 Date of establishment: June 15, 2005
 Location: 5-5-19 Tenjin, Chuo-ku, Fukuoka-shi, Fukuoka Tenjin Red Balloon Building 4F-B
 Representative: Shunsuke Onishi, Representative Director
 Capital: 1,180.5 million yen (excluding capital reserve)
 Business: Development of small synthetic aperture radar satellite, etc.
 HP: https://i-qps.net/
 Support content: Support for research and development, marketing activities, etc.
 Investment period: October 2017

■ About Realtech Fund (HP: http://www.realtech.fund)Untitled
 Our 100% subsidiary of Euglena Investment, SMBC Nikko Securities, Ribanesu "Limited Liability Company was founded three companies Euglena in venture capital funds that SMBC Nikko Ribanesu capital" to management and operation, the investment development of the real tech venture as the main purpose is. With a total of 30 participating companies and a fund size of 9.4 billion yen (as of October 2017), it is one of the largest real tech-specialized funds in Japan. We are investing in and nurturing real tech ventures with the following operating companies that are investors.

that's all         

-Contact for inquiries from the press-
Euglena Co., Ltd. Corporate Communication Division

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