{"id":425903,"date":"2026-01-22T13:23:12","date_gmt":"2026-01-22T13:23:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/425903\/"},"modified":"2026-01-22T13:23:12","modified_gmt":"2026-01-22T13:23:12","slug":"d-orbit-raises-128-million-in-first-tranche-of-series-d-funding","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/425903\/","title":{"rendered":"D-Orbit raises $128 million in first tranche of Series D funding"},"content":{"rendered":"<p>SAN FRANCISCO \u2013 Italian space logistics specialist D-Orbit has raised $124 million in the first closing of a Series D investment round announced Jan. 22.<\/p>\n<p>\u201cThis funding will enable strategic acquisitions, accelerate the build-out of D-Orbit\u2019s orbital logistics infrastructure, expand in-orbit transportation services, scale industrial capacity for ION missions and advance new operational capabilities required for a congested orbital environment,\u201d Luca Rossettini, D-Orbit founder and CEO, said in a statement.<\/p>\n<p>Through the round, Italy-based Azimut Group is investing $53 million directly in D-Orbit in addition to buying out an existing D-Orbit investor. <\/p>\n<p>D-Orbit\u2019s mergers and acquisitions strategy \u201cenvisages further strategic acquisitions in the near future, building on the validated business integration model successfully implemented with <a href=\"https:\/\/www.dorbit.space\/media\/6\/10.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Planetek<\/a> in 2025,\u201d Rossettini told SpaceNews by email. (Planetek, an Italian Earth-observation, geospatial-analytics and mission-software firm, was acquired by D-Orbit in 2025.)<\/p>\n<p>\u201cOur M&amp;A approach maintains a pan-European focus, driven by regulatory considerations and operational integration requirements,\u201d Rossettini said. \u201cWe aim to contribute to the consolidation of the European space services market, while ensuring full alignment with ESA frameworks and the national security requirements of EU Member States.\u201d<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" width=\"780\" height=\"520\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/01\/rsz_1luca_-_renato.jpg\" alt=\"\" class=\"wp-image-568137\"  \/>Renato Panesi (left) and Luca Rossettini founded D-Orbit in 2011.  Credit: D-Orbit<\/p>\n<p>Beyond Europe<\/p>\n<p>D-Orbit also will expand beyond Europe by establishing local organizations and joint ventures like <a href=\"https:\/\/spacenews.com\/d-orbit-forms-u-s-venture-to-pursue-satellite-manufacturing\/\" rel=\"nofollow noopener\" target=\"_blank\">D-Orbit USA<\/a>. This model \u201cenables us to access markets with specific regulatory barriers while retaining the flexibility needed to comply with local requirements, particularly in the defense sector and national government programs,\u201d Rossettini said.<\/p>\n<p>As the current bottleneck in launch opportunities eases with more vehicles coming into the market, D-Orbit will focus on \u201cstrengthening and expanding our position in space logistics, including orbital transportation and satellite manufacturing, in-orbit servicing, in-orbit space cloud infrastructure and data analytics, while also evaluating other strategic segments of the space value chain that are essential to advancing our long-term roadmap,\u201d Rossettini said.<\/p>\n<p>D-Orbit, founded in 2011, operates the ION Satellite Carrier, which has provided last-mile delivery for 137 satellites and hosted 77 payloads over 21 missions. Customer demand for those services as well as hybrid services, like adding D-Orbit satellites to constellations, is growing. The demand has created pressure on D-Orbit and its supply chain that the company\u2019s expansion strategy is designed to address.<\/p>\n<p>Multi-Orbit Logistics Infrastructure<\/p>\n<p>The latest investment also will help D-Orbit move toward its goal of creating an <a href=\"https:\/\/spacenews.com\/do-we-need-highways-for-space\/\" rel=\"nofollow noopener\" target=\"_blank\">interplanetary logistics infrastructure<\/a> by providing funding for \u201clarger-scale\u201d mergers to \u201cconsolidate our leadership in space infrastructure, intelligence and services,\u201d Rossettini said.\u00a0<\/p>\n<p>In addition, the funding will bolster D-Orbit\u2019s campaign to support the growth of space ecosystems in new markets, while continuing work in current markets including the United States and Saudi Arabia. And D-Orbit will develop new spacecraft. The <a href=\"https:\/\/spacenews.com\/d-orbit-enters-geo-in-orbit-servicing-market\/\" rel=\"nofollow noopener\" target=\"_blank\">General Expansion Architecture<\/a>, which D-Orbit is developing with European Space Agency funding, will be a \u201chighly versatile and modular platform\u201d with applications in low-Earth, medium-Earth and geostationary orbit, Rossettini said.<\/p>\n<p>\u201cThese initiatives strengthen the technological, geographic, and industrial foundations required to progressively scale from today\u2019s orbital logistics capabilities toward a fully integrated, multi-orbit, and ultimately interplanetary logistics infrastructure,\u201d Rossettini said.<\/p>\n<p>\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"SAN FRANCISCO \u2013 Italian space logistics specialist D-Orbit has raised $124 million in the first closing of a&hellip;\n","protected":false},"author":2,"featured_media":425904,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[49,48,177999,1946,66,6089,306,178000],"class_list":{"0":"post-425903","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-ca","9":"tag-canada","10":"tag-d-orbit","11":"tag-fundraising","12":"tag-science","13":"tag-sn","14":"tag-space","15":"tag-space-logistics"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/425903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=425903"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/425903\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/425904"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=425903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=425903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=425903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}