Italian startup ORiS raises funding for laser power-beaming technology

Italian startup ORiS raises funding for laser power-beaming technology

Italian startup ORiS has raised 5 million euros ($5.7 million) to help it develop wireless power-beaming technology for satellites using lasers. The post Italian startup ORiS raises funding for laser power-beaming technology appeared first on SpaceNews.

ORiS secures €5 million to develop wireless power transmission systems for space and dual-use applications

ORiS, a Turin-based DeepTech startup developing laser-based wireless power transmission systems for space and dual-use applications, has closed a €4.5 million pre-Seed round.  The round was led by Earlybird and co-led by Pitchdrive, with participation from Galaxia, Vento and Piemonte Next Fund. The company has also secured a €500k (€0.5 million) grant through the Piedmont Region’s “Consolidamento patrimoniale e crescita delle start up innovative…

Earlybird and Pitchdrive back ORiS’ €5M pre-seed to put lasers in orbit

ORiS, a company based in Turin, has raised €5 million to develop laser power beams for satellites. So far, its most advanced demonstration uses a NATO-backed drone laser instead of a spacecraft. Earlybird and Pitchdrive led the €4.5 million pre-seed round, with an additional €0.5 million grant from the Piedmont Region. In May 2026, US competitor Star Catcher raised $65 million for a similar ‘orbital power grid’ project, which is more than ten ti…