ICEYE has launched a new Satellite Technology Center in Warsaw, marking a major expansion of its Polish operations with a planned investment of more than 120 million PLN over the next three years to boost R&D and manufacturing.
Bulgarian spacetech startup EnduroSat raised $205 million (€178 million) in a round co‑led by Riot Ventures and Atreides Management, bringing its valuation above $1 billion and granting it unicorn status, with a broad syndicate of investors supporting its satellite fleet expansion.
Antwerp‑based fabless semiconductor startup TUSK IC raised €15 million in a Series A round led by Matterwave Ventures, FORWARD.one and the Flanders Future Tech Fund to scale its CMOS‑based Ka‑band beamformer chips for satellite communications into mass production.
ESA chose the ARISE consortium, headed by Finnish startup ICEYE, to develop a concept for a European sovereign Earth observation system for government use.
Polish companies Exatel, Energa Operator, Creotech Instruments and Phoenix Systems formed the Polish SatCom Alliance to develop an independent satellite communications infrastructure for Poland.
Open Cosmos, a European satellite company, raised €300 million to boost its satellite production and roll out its connectivity and Earth‑observation platforms, planning to hire more staff and broaden its operations across several EU countries.
EQT’s Scaleup Europe Fund joined a major financing round for the Swedish space startup The Exploration Company (TEC). This is the fund’s fourth investment overall and its second backing of a European space firm, according to the news outlet Di.
Collimate Space creates AI‑driven software that orchestrates satellite communications, ground stations and future space networks. Its Nexus platform combines AI, physical models and digital twins to manage multi‑orbit operations and optimize real‑time data flow. The article notes that Spain is emerging as a strategic hub for the company’s space‑AI activities.
Molten Ventures secured a £175 million first close for its Ventures Growth Fund, backed by a £75 million cornerstone from the British Business Bank, to support Series B‑plus technology companies in the UK and Europe.
Finnish space‑tech startup ICEYE signed a partnership with Japanese insurer Sompo Japan to provide its Flood Insights SAR satellite data, helping the insurer speed up flood‑damage assessments and claims processing as part of Sompo’s Hikeshi DNA 2030 resilience project.