SpaceAM, a Gloucestershire‑based aerospace and defence startup, raised an undisclosed Seed round backed by Foresight Group and UK Government funding. The capital will be used to expand its AI‑enabled ultra‑lightweight sensor systems for space, defence and security markets, and the company is gearing up for a future Series A round.
Nebex, a space‑trading platform founded in 2025, announced a €100 million initiative in France that will channel global space contracts back to French startups, guaranteeing a full industrial return on foreign spending. The move is backed by a $30 million seed round led by GV and supported by a dozen venture investors. The model aims to simplify cross‑border space procurement and boost the French space ecosystem without changing existing procurement laws.
Polish startup SatRev demonstrated the performance of its SN-10 BlueBON satellite by collecting over a million square kilometres of Earth imagery in just 16 months, amounting to about 450 GB of data, underscoring the reliability of its Raccoon platform.
Astrolight and ATMOS Space Cargo are developing a routine, commercial laser communication system that will enable data transfer from a spacecraft returning from orbit to a satellite, aiming for the first transmission in 2027.
Spanish startup Kreios Space announced a partnership with Norwegian‑Lithuanian satellite maker Kongsberg NanoAvionics to launch the first satellite capable of flying closer to Earth than any before, using a VLEO platform and testing its ABEP propulsion technology.
Swedish space‑tech startup Hydromars, which aimed to develop technology for extracting water on Mars, has gone bankrupt, leaving nearly 2,000 small investors without their money.
German‑French space startup The Exploration Company is poised to secure more than $300 million in funding, pushing its valuation to $2 billion and positioning it as a European rival to SpaceX.
Munich‑based deltaVision, a startup that builds valves, pumps and other fluidic components for rockets and spacecraft, closed a €10.2 million seed round led by KT Ventures and Valemount Capital to scale production and advance modular orbital refuelling technology.
SWISSto12, a Swiss space technology startup, secured €70 million in financing to accelerate its development and market expansion.
DBSpace, a Genoese deeptech startup, is scaling its advanced turbomachine technology for space propulsion and industrial applications. The company, founded by Dario Bruna, focuses on making high-performance turbomachines scalable and accessible. It has partnered with ESA BIC Torino, Vento, and Galaxia to support its growth and global ambitions.