Space Shift Launches Full-Scale Satellite Data Utilization Business in Thailand, Signs Sales Agency Agreement with Nagase Thailand and B2G Solution

Space Shift Inc. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Naruo Kanemoto; hereinafter "Space Shift") announced today that it has signed a sales agency agreement with "NBJV," a joint venture between Nagase (Thailand) Co., Ltd. (hereinafter "Nagase Thailand") and B2G Solution Co., Ltd. (hereinafter "B2G Solution"), effective June 1, 2026. Through this partnership, Space Shift will commence full-scale market expansion of its space technology solutions in the Kingdom of Thailand.

The space technology market in Thailand is projected to exceed 1 billion US dollars, with growth driven by increasing demand from government agencies and applications in diverse fields such as smart city initiatives, infrastructure development, environmental monitoring, agriculture, disaster prevention, and advanced data analysis.

This partnership aims to establish an implementation platform accessible to both public and private stakeholders by integrating Japan's cultivated space technology into Thailand and aligning it with the country's national development priorities.

Background and Objectives of the Partnership — Bringing Space Technology into Everyday Decision-Making

Space Shift is pioneering efforts to transform satellite data and insights from space into practical solutions that benefit people's daily lives. Guided by the philosophy of "Sense the Unseen from Orbit" to inform daily decisions, the company is committed to realizing the coexistence of people, the planet, and technology.

Through the utilization of our technology by NBJV, a joint venture formed by Nagase Thailand, a local subsidiary of the NAGASE Group with a global network primarily in chemical materials, and B2G Solution, which has a proven track record in public policy, we will enter the Thai market with a structure encompassing technology, industry, and policy.

Partnership Structure and Roles of Each Company

Under this partnership, NBJV will serve as the sales and service contact point for Space Shift's products, services, and technologies within Thailand. This includes Space Shift's analytical AI services, such as "SateAIs," which detect buildings, flooded areas, monitor agriculture, detect ships, and identify oil spills.

Company Overviews and Representative Comments

【Nagase (Thailand) Co., Ltd.】

Nagase Thailand is the local subsidiary of the NAGASE Group, which operates over 100 group companies in approximately 25 countries and regions worldwide. The company provides products and solutions in a wide range of fields including chemicals, electronics, mobility, energy, food, medical, and bio. It also focuses on creating new businesses centered on sustainability and generating new value using advanced technologies such as AI and satellite data. It provides a foundation for implementing advanced space technology in commercial and industrial settings. (Official Website: https://group.nagase.com/th/th/)

Masahiro Matsumoto, Team Leader, Sustainable Materials & Technology Department, Nagase Thailand

"This partnership strongly aligns with Nagase's commitment to sustainability and technology-driven growth, particularly in areas where satellite data utilization can enhance resource efficiency and environmental management."

【B2G Solution Co., Ltd.】

Established in 2019, B2G Solution is a trusted government relations consulting firm that works closely with regulatory authorities, policymakers, and key institutions to support business operations in complex regulatory environments. It offers deep insights into Thailand's public policy. (Official Website: www.B2gsolution.co)

Dr. Kengkran Louvirojanakul, CEO of B2G Solution

"This collaboration will enable the introduction of Space Shift's technology in a manner that fully considers Thailand's national strategies, regulatory frameworks, and the needs of the public sector, leading to long-term trust and adoption."

【Space Shift Inc.】

Naruo Kanemoto, Representative Director

"Thailand is a strategic market in Southeast Asia, characterized by its robust digital infrastructure, advanced public sector, and growing awareness of space utilization beyond traditional aerospace fields. Together with our trusted partners, we will leverage our satellite x AI analysis capabilities, cultivated in Japan, to address societal challenges in Thailand."

Future Developments

The utilization agreement for our technology by the joint venture between Japan and Thailand demonstrates the commitment of both parties to long-term collaboration. By merging Japan's technological prowess with Thailand's industrial base and policy expertise, we will support Thailand's goals in areas such as digital economy development, sustainability, and advanced innovation.

This strategic collaboration aims not only to expand access to cutting-edge space technology in Thailand but also to foster strong trust with customers, government agencies, and partners seeking reliable, future-oriented solutions that transform space data into tangible social and economic value.

About Space Shift

Established in December 2009, Space Shift Inc. develops AI for analyzing data obtained from Earth observation satellites under the theme "Sense the Unseen from Orbit (Making all changes on Earth recognizable)." The company offers "SateAIs," a satellite data analysis package applicable to various fields including infrastructure management, disaster prevention and mitigation, agriculture, and environmental conservation. It also promotes the social implementation of satellite data utilization through its co-creation program "SateBiz."

Company Name: Space Shift Inc.

Representative: Naruo Kanemoto, Representative Director

Headquarters Location: Otemachi Building 6F, 1-6-1 Otemachi, Chiyoda-ku, Tokyo

Established: December 11, 2009

Capital: 703,990,750 yen (including capital reserve)

URL: https://www.spcsft.com/

*Product names and company names are trademarks or registered trademarks of their respective companies.

d6437-90-8d5cc95d206ddeeff98784b728a46a35.pdf