Raising 4 billion yen to develop lunar rovers and robotic arms, start-up GITAI wants to reduce the cost of space operations to 1%.

CTOnews.com, May 28 / PRNewswire-Asianet /-- robot developer GITAI recently announced that it has raised 4 billion yen (CTOnews.com Note: about 202 million yuan) from investors, which will help them accelerate the development of robots suitable for space work.

▲ source: GITAIGITAI said that the funds raised this time will mainly be used for the development of lunar rovers and Shaktooli insect robotic arms. In addition, it will be used to expand the plant in Torrance County, California, where GITAI currently produces robotic arms and other products. The company, CEO, says GITAI's bigger goal is to reduce the cost of space operations to 1 per cent today, according to CTOnews.com.

▲ source: GITAIGITAI believes that with the acceleration of space development activities such as lunar resources development, Mars exploration, and ISS commercialization, the workload of new space station construction and space garbage removal has increased sharply, and most of these operations require astronauts to risk their lives. GITAI hopes that its robot will reduce the risk and burden on astronauts.

CTOnews.com learned from the data that GITAI is a robotics company founded in 2017 and headquartered in Tokyo. The company plans to become a partner of the world's leading space launch companies by 2040, with the goal of providing cheap and safe robotic labor and building bases on the moon and Mars.