Neuraspace Raises $18 Million to Expand Sovereign Space Awareness
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Of the 15.6 million raised by Neurospace, 9.6 million were under the Recovery and Resilience Plan and 6 million euros are private investment. The company is in negotiations with the Portuguese Air Force to install a radar on an air base
Neurasspace has raised an investment of 15.6 million euros, which will be used to accelerate the international expansion of the company that uses AI for surveillance and management of space traffic.
Neuraspace raises $18 million to expand sovereign space awareness
Neuraspace, the Portuguese space traffic management startup, announced around $18 million in fresh funding Aug. 5 to expand European space domain awareness and defense capabilities. The post Neuraspace raises $18 million to expand sovereign space awareness appeared first on SpaceNews.
Neuraspace secures €15.6 million to scale AI-driven space traffic management and defence-grade space domain awareness
Neuraspace has announced €15.6 million in new financing, combining strategic private investment from Lince Capital, Explorer Investments and Armilar Venture Partners together with funding awarded under Portugal's Recovery and Resilience Plan (RRP), reflecting strong private and public confidence in the company's growth strategy. The funding will accelerate the expansion of Neuraspace's commercial and defence capabilities in autonomous space oper…
Neuraspace Raises €15.6M to Scale its SDA Service
Portuguese startup Neuraspace announced €15.6M ($18M) in funding today to beef up its AI-powered SDA and space-traffic-management platform and increase its orbital sensing infrastructure. The round included venture investment from Lince Capital, Explorer Investments, and Armilar Venture Partners, as well as public funds awarded under Portugal’s Recovery and Resilience plan. Line of sight: As the number of satellites in orbit rises, and space bec…
Ex-Portuguese Space Agency chief's Neuraspace raises €15.6M to build European AI shield for satellites
Portuguese space tech startup Neuraspace has secured €15.6 million in new funding from Lince Capital, Explorer Investments, Armilar Venture Partners and Portugal’s Recovery and Resilience Plan. Founded in 2020, the company provides AI Space Domain Awareness (SDA) and Space Traffic Management (STM) solutions, monitoring more than 600 satellites for commercial, institutional and defence customers. The fresh capital will accelerate autonomous spa…
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