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Blackswan Space raises €2.5M to take autonomous spacecraft navigation into orbit

Summary by BizToc
Lithuania’s Blackswan Space, has successfully closed its second investment round, led by Iron Wolf Capital, raising €2.5 million. Together with the company’s pre-seed round, its total funding now amounts to €3.2 million. Other investors included Lemonade Stand ​​and former NanoAvionics co-founder…

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Lithuanian space startup BlackSwan Space has attracted a 2.5 million euro investment, which it will use to increase sales, expand in the US, and prepare for in-orbit testing of its spacecraft navigation system, the business news portal Verslo žinios reports.

·Vilnius, Lithuania
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Lietuvos kosmoso technologij startuolis „Blackswan Space“ (UAB „Juodosios gulbės technologijos“) per antrj investicij etapapritraukė 2.5 mln. Eur. Pritrauktas las bendrovė skirs tolesniam savo technologios komercializavimui, plėtrai JAV ir bandymams orbitoje.

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Payload broke the news on Wednesday, September 30, 2026.
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