PERSOL Invests in ElevationSpace, a Company Specializing in Small Satellite Re-Entry Technology for Space Transportation Services

PERSOL Holdings Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Takao Wada), which champions the group vision of "Let's work and smile," has invested in ElevationSpace Inc. (Headquarters: Sendai City, Miyagi Prefecture; CEO: Ryohei Kobayashi, hereinafter "ElevationSpace") through its "Employment Creation Fund." ElevationSpace is developing infrastructure services centered on re-entry technology for small satellites, including transportation from space to Earth.

This investment was conducted by Persol Venture Partners LLC (Headquarters: Minato-ku, Tokyo; Representative Partner: Takeyuki Kato).

Characteristics of this Investment

The space industry, supported by policy initiatives such as the Space Strategy Fund, is attracting significant capital and talent across research and development, manufacturing, and business development. It is considered a key growth sector for Japan's future.

Among these developments, ElevationSpace is tackling the highly challenging global technological domain of small satellite re-entry and recovery. The company is seen as possessing great potential as a space infrastructure enterprise where Japan can demonstrate unique strengths. In addition to its base in the Tohoku region centered on Sendai and Fukushima, ElevationSpace has expanded its operations to Tokyo and Nagoya, making it a highly significant initiative in terms of creating employment opportunities across different regions within the space industry.

PERSOL will contribute to the further growth of ElevationSpace by providing recruitment support, thereby promoting the development of Japan-originated space industries and creating new employment opportunities.

【Company Overview of ElevationSpace】

Company Name

ElevationSpace Inc.

Representative

CEO Ryohei Kobayashi

Headquarters

Ichigo Kakeh院 Building, 2-1-65 Kakeh院, Aoba-ku, Sendai City, Miyagi Prefecture

Date of Establishment

February 2021

Capital

20.99809 billion yen (as of April 2026)

Main Business Activities

Space environment utilization and recovery platform business, high-frequency cargo transportation from manned space stations, Co-Creation business

Website

https://elevation-space.com/

About the Employment Creation Fund

Established by Persol Venture Partners, this fund specializes in investing in startups aiming to become mega-ventures at an early stage. It targets high-growth startups in fields related to SDGs—such as environment, energy, healthcare, and mobility—expected to drive employment over the next 10 to 20 years. In addition to financial support, the fund provides unique assistance from the PERSOL Group, including expertise for organizational expansion and recruitment support, essential for startups aiming to become mega-ventures quickly.

About PERSOL Holdings Co., Ltd.

Since its founding in 1973, the company has expanded into diverse businesses related to people and organizations, including staffing, recruitment, outsourcing, and engineering design and development. In October 2008, it established Temp Holdings Co., Ltd. as a holding company, and in July 2017, changed its name to PERSOL Holdings Co., Ltd. It is listed on the Prime Market of the Tokyo Stock Exchange (Stock Code: 2181), with sales revenue of 1.5558 trillion yen for the fiscal year ending March 2026 (IFRS).

About "PERSOL" <https://www.persol-group.co.jp/>

The PERSOL Group aims to become a "Creator of Working Well-being," targeting the creation of better work opportunities for one million people by 2030 by expanding human potential.

The group operates diverse services related to people and organizations, including the staffing service "TempStaff," the job transition platform "doda," and BPO and engineering services. It also explores and creates new businesses, offering services such as the assessment recruitment platform "Midas" and the part-time job app "Shareful." By responding to the diverse needs of workers and expanding their potential, the group aims to create a society where everyone around the world can truly experience "Let's work and smile."