US EditionInfinite Orbits Raises €40M for In-Space Servicing
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Infinite Orbits Raises €40M for In-Space Servicing
Europe is putting a little more money behind servicers in space. Infinite Orbits, a French satellite servicing company, announced yesterday that it has brought in a €40M ($46.3M) round of financing to support its trek toward deployment. The European Innovation Council Fund, Matterwave Ventures, Wind Capital, Balnord, IRDI Capital Investissement, and Newfund Capital participated in the round. The company also has €150M ($173.8M) in backlog acr…
The Toulouse startup Infinite Orbits announces a €40 million raised, oversubscribed, to speed up the deployment of its GEO and life-extension satellite fleet. The tour brings together the EIC Fund, Matterwave Ventures, Wind Capital, Balnord, IRDI and Newfund. The company thus crosses a strategic threshold in an area where intervention capabilities ... The article INFINITE ORBITS raises €40 million to deploy its satellite fleet has appeared first…
In-Orbit Servicing Startup Infinite Orbits Raises €40 Million in New Funding
Credit: Infinite Orbits French in-orbit servicing startup Infinite Orbits has secured €40 million in new funding to expand its European footprint and accelerate the development of its satellite life-extension and inspection spacecraft. Founded in 2017, the Toulouse-based startup is developing Endurance, a satellite life-extension vehicle, and Orbit Guard, a small-satellite system for close-range inspection of geostationary spacecraft. Prior to t…
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