ANA HOLDINGS 'ANA Future Frontier Fund' Invests in Dawn Aerospace, a Startup Building a Reusable Space Transportation Network

ANA HOLDINGS INC. (ANA HD), through its corporate venture capital fund, "ANA Future Frontier Fund L.P.,"blank today announced its investment in DAWN AEROSPACE LIMITED (Headquarters: New Zealand; "Dawn Aerospace"), a startup building a reusable space transportation network.

Investment announcement:
ANA HOLDINGS INC., via its ANA Future Frontier Fund L.P., has invested in Dawn Aerospace, a New Zealand-based startup building a reusable space transportation network.

Company achievements:
Dawn has already commercialized green satellite propulsion systems, operating on 50+ satellites, and is preparing to debut its Loop in-orbit refueling service in 2028.

Aurora spaceplane:
Dawn is developing Aurora, a reusable spaceplane capable of supersonic flight and aiming for twice-daily space missions by 2027.

Partnership history:
ANA Trading signed an MoU with Dawn in 2025 to bring space demonstration services to Japan using Aurora.

Strategic vision:
ANA HD sees this investment as part of its “Next stop, space” initiative, combining ANA’s aviation expertise with Dawn’s technology to expand access to space.

Leadership comments:
- Stefan Powell (CEO, Dawn Aerospace): Welcomed ANA’s investment as validation of their vision for scalable, reusable space transport.
- Yoshiaki Tsuda (EVP, ANA HD): Highlighted Dawn’s technological capabilities and shared vision for sustainable space mobility, emphasizing support for expansion in Japan and Asia.

This positions ANA not just as an airline group, but as a player in the future space economy, blending aviation operations with next-gen aerospace innovation.