{"id":130086,"date":"2025-11-13T00:02:15","date_gmt":"2025-11-13T00:02:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/130086\/"},"modified":"2025-11-13T00:02:15","modified_gmt":"2025-11-13T00:02:15","slug":"french-startup-u-space-raises-e24-million-for-smallsat-manufacting","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/130086\/","title":{"rendered":"French startup U-Space raises \u20ac24 million for smallsat manufacting"},"content":{"rendered":"<p>SAN FRANCISCO \u2013 French startup U-Space has raised \u20ac24 million ($27.8 million) to expand its role in the small satellite constellation market.<\/p>\n<p>With funding from the Series A round, Toulouse-based U-Space will develop the software to ramp-up to production of one satellite per week by 2027. Eventually, U-Space seeks to manufacture one satellite per day for global constellations.<\/p>\n<p>The investment round announced Nov. 12 was led by Blast\u2019s Definvest fund managed by Bpifrance for France\u2019s Ministry of Armed Forces, and Expansion Venture Capital. Also participating in the round were: Primo Capital, Karot Capital, ARIS Venture Capital and Vertech Finance.<\/p>\n<p>The first two satellites designed, built and operated by U-Space launched in March on a SpaceX Transporter rideshare. Another ten satellites are scheduled to be delivered in the next year. <\/p>\n<p>U-Space is working with the French space agency CNES, Safran, <a href=\"https:\/\/spacenews.com\/new-contract-signed-between-the-nsstc-and-u-space-a-new-milestone-in-uae-france-cooperation-in-space-innovation\/\" rel=\"nofollow noopener\" target=\"_blank\">Emirati National Space Science and Technology Center<\/a> and the <a href=\"https:\/\/spacenews.com\/france-kicks-off-space-surveillance-program-for-leo\/\" rel=\"nofollow noopener\" target=\"_blank\">French Defense Innovation Agency<\/a>.<\/p>\n<p>\u201cWith its initial successes paving the way for many more to come, it was only natural for Definvest to renew its support,\u201d Fran\u00e7ois Charbonnier, Bpifrance investment director, said in a statement.<\/p>\n<p>To meet growing demand for small satellites to fill constellations, U-Space developed <a href=\"https:\/\/www.linkedin.com\/posts\/u-space-nanosats_u-zine-the-project-is-making-great-strides-activity-7163832077568704512-NaRB\/\" rel=\"nofollow noopener\" target=\"_blank\">U-Zine<\/a>, an 850-square-meter cleanroom.<\/p>\n<p>\u201cWe are confident that the company has all the assets needed to establish itself as Europe\u2019s leading manufacturer in the small satellite constellation market,\u201d Ilaria Cavalleri, Primo Space Fund investment principal, said in a statement.<\/p>\n<p>After launching several spacecraft including a European space situational awareness satellite, \u201cU-Space has already demonstrated a strong space heritage and the high reliability of its in-orbit systems,\u201d Expansion founder Charles Beigbeder said in a statement.<\/p>\n<p>\u201cOver the past few years, U-Space has demonstrated its ability to build a strong team and implement robust industrial processes,\u201d Alexis B\u00e8s de Berc, Blast investment manager, said in a statement. \u201cThis new phase marks a strategic turning point, with the scaling up of production and expansion into international markets.\u201d<\/p>\n<p>\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"SAN FRANCISCO \u2013 French startup U-Space has raised \u20ac24 million ($27.8 million) to expand its role in the&hellip;\n","protected":false},"author":2,"featured_media":130087,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[63,2226,85,46,70163,141,145,81543],"class_list":{"0":"post-130086","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-europe","9":"tag-france","10":"tag-il","11":"tag-israel","12":"tag-satellite-manufacturing","13":"tag-science","14":"tag-space","15":"tag-u-space"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/130086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=130086"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/130086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/130087"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=130086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=130086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=130086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}