European Space Agency funds Phlux Technology, Airbus Defence and Space and The University of Sheffield to help develop 2.5 Gbps free space o
Tag: Fundraising
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VideoRay awarded $92 million for MK20 Mission Defender USV development
The VideoRay Mission Specialist Defender underwater Remotely Operated Vehicle (ROV) is designed to handle unexploded munitions and has seven thrusters to allow a high standard of manoeuvrability.
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Space Tech Firm Xona Secures $19M for Enhanced Satellite Navigation Network
[[{“value”:”Los Angeles CA (SPX) May 09, 2024
Xona, a developer of a new satellite network, has announced the successful closure of a $19 million Series A funding round, led by Future Ventures and Seraphim Space, with contributions from NGP Capital, Industrious Ventures, Murata Electronics, Space Capital, and Aloniq.
The capital raised will expedite the rollout of Xona’s low Earth orbit (LEO) satellite network, marking the initiation”}]]
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ICEYE secures substantial growth investment to bolster its SAR satellite fleet
[[{“value”:”Berlin, Germany (SPX) Apr 18, 2024
ICEYE, a leader in synthetic aperture radar (SAR) technology for Earth Observation, has successfully closed an oversubscribed $93M funding round aimed at expanding its SAR satellite operations. This recent financial boost will support the enhancement of the largest SAR satellite constellation globally and the development of new data and subscription services. This round is a continuation of the”}]]
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Eurodrone program bags fresh round of EU subsidies
The four-nation effort, which aims for a maiden flight in 2027, is in line for €100 million from the European Defence Fund.
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French RF Satellite Solutions Company Unseenlabs Raises $92 Million In Funding Round
Unseenlabs on Tuesday said it has closed a $92 million funding round that will help the company further expand its observation capabilities with an expanding constellation of radio frequency sensing
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Albedo Secures $35M for Pioneering VLEO Satellite Imagery
Los Angeles CA (SPX) Jan 24, 2024
Albedo, a company breaking new ground in satellite technology, has recently closed a $35 million Series A-1 funding round. This round, led by Standard Investments, propels Albedo’s total funding to an impressive $97 million. The investment is a testament to Albedo’s potential in revolutionizing satellite imagery through its pioneering use of Very Low Earth Orbit (VLEO).
The funding round s
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BonV Aero, A Drone Start-Up, Raises ₹6 Crores with IPV Leading the Round
Aerial logistics drone start-up BonV Aero has secured ₹6 crores in funding in a round led by Inflection Point Ventures (IPV). The company plans to utilize the funds for client demonstrations, team expansion, and internal research and development efforts focused on enhancing products for customers, researching propulsion systems, and advancing power plants.Prior to this funding round, the
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Kuva Space raises €16.6M funding round to launch its microsatellite constellation
Finnish Earth observation company Kuva Space has successfully raised €16.6M in funding. The funding round was led by existing investors…