US EditionPave Space Raises $40 Million to Develop European Heavy Kickstage
PAVE Space aims to cut satellite transfer time from months to under 24 hours using bipropellant propulsion, backed by a $40 million seed round, one of Europe's largest.
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PAVE Space raises $40M to build orbital transfer vehicles
The Swiss startup, spun out of EPFL’s student rocketry programme that built Europe’s first student-made reusable rocket, has raised one of the largest seed rounds ever in European space. Visionaries Club and Creandum led; Lombard Odier, Atlantic Labs, and Sistafund also participated. The satellite lifecycle has a structural inefficiency baked in. Launch vehicles deliver payloads […] This story continues at The Next Web
Pave Space raises $40 million to develop European heavy kickstage
Swiss startup Pave Space has raised $40 million to develop an orbital transfer vehicle that could move satellites from LEO to their final destinations in hours instead of months. The post Pave Space raises $40 million to develop European heavy kickstage appeared first on SpaceNews.
"The vehicle is compatible with all heavy-duty launchers for transport to near-earth orbit and is thus a cost-effective and flexible solution for transport in space.
PAVE Space Raises $40M for In-Space Propulsion Tech
Swiss startup PAVE Space raised $40M in seed funding to bring a new line of propulsion systems and in-space capabilities to orbit. Visionaries Club and Creandum led the round, with additional participation from Lombard Odier Investment Managers, Atlantic, SISTAFUND, b2venture, ACE Investment Partners, Ilavska Vuillermoz Capital, Pareto Ventures, and Motier Ventures. It’s a big step up for the young company, which had only raised ~$2M ahead of th…
Switzerland’s PAVE Space Closes $40 Million Seed Funding Round
Credit: PAVE Space Swiss space mobility startup PAVE Space secured $40 million in seed funding as it prepares for the launch of an initial demonstration mission later this year. Founded in 2024 as a spin-off from the student-led Gruyère Space Programme, which developed a small reusable rocket demonstrator that completed over 50 flights, PAVE Space aims to develop space mobility solutions with a focus on transporting satellites rapidly between or…
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