Tag: Satellite Propulsion
-
Arkadia Space Secures €14.5 Million EU Funding to Advance Green Satellite Propulsion
Arkadia Space has secured €14.5 million in funding from the European Innovation Council Accelerator programme, as it works to commercialise a more environmentally friendly satellite propulsion system. The funding package includes a €2.5 million grant, €6 million in equity investment from the EIC Fund, and approximately €6 million from private investors. The support underscores the…
-
ISPTech Raises €5.5 Million Seed Round to Develop Non-Toxic Spacecraft Thrusters
German propulsion startup ISPTech has raised €5.5 million in a seed funding round to expand development and production of spacecraft propulsion systems that use non-toxic fuels. The company said the new capital will help increase its workforce, build an in-house propulsion testing facility and scale production of its propulsion systems from several units annually to…
-
Morpheus Space Secures $15 Million to Scale Satellite Propulsion Production
German space technology company Morpheus Space has raised $15 million in new funding to expand production of its in-space electric propulsion systems, as demand grows for maneuverable satellites in increasingly crowded orbits. The investment, announced Thursday, comes from Alpine Space Ventures, the European Investment Fund and other backers. Morpheus Space said the funds will be…