Space Battle (version set 2) is a likely sequel or updated version of the arcade game 'Space Battle'. The difference between 'version set 1' and 'version set 2' may include updated graphics, gameplay mechanics, or enemy types.  Without additional information, pinpointing the developer and release details is not possible. 

Space Battle (version set 2)

Souko Ban Deluxe (Japan, SB1)

Soukyugurentai / Terra Diver (JUET 960821 V1.000)

Soul Calibur (World, SOC14/VER.C)

Soul Edge (World, SO2/VER.A)

Soul Edge Ver. II (Asia, SO4/VER.C)

Space Battle Ship Gomorrah

Space Bomber

Space Bomber (ver. B)

Space Cyclone

Space Dragon (Moon Cresta version, set 1)

Space Echo (set 2)

Space Echo (version)