In-Orbit Servicing Startup Infinite Orbits Raises 40 Million Euros in New FundingCredit: Infinite Orbits

French in-orbit servicing startup Infinite Orbits has secured €40 million in new funding to expand its European footprint and accelerate the development of its satellite life-extension and inspection spacecraft.

Founded in 2017, the Toulouse-based startup is developing Endurance, a satellite life-extension vehicle, and Orbit Guard, a small-satellite system for close-range inspection of geostationary spacecraft. Prior to this latest round, the company had raised €12 million in May 2024.

On 13 November, the company announced that it had signed an agreement with satellite operator SES to use Endurance to extend the life of one of its satellites from 2027. In August, the French Directorate General of Armament awarded Infinite Orbits a €50 million framework contract to deliver an Orbit Guard inspection spacecraft as part of France’s PALADIN initiative, which aims to monitor and counter direct threats to French military assets in space. According to the company, its order book currently totals €150 million.

On 17 November, Infinite Orbits announced that it had closed an oversubscribed funding round, securing €40 million. The round included participation from the European Innovation Council Fund, Matterwave Ventures, Wind Capital, Balnord, IRD, and Newfund Capital.

“With its positioning, the relevance of its service offering, and the excellence of its technical expertise, Infinite Orbits clearly stood out as the ideal European candidate, earning the confidence of customers and investors,” said Infinite Orbits CEO Adel Haddoud.

According to the company, the new funding will support its European expansion, with new offices planned in Luxembourg, Spain, the UK, Germany, and Poland. It will also accelerate the development and deployment of its fleet of life-extension and inspection spacecraft.

“This new round marks the beginning of a new phase for Infinite Orbits, set to significantly increase its backlog and open the market to new space use cases beyond 2030,” the company said in a 17 November press release.

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