Funding round · Space tech
EnduroSat raises $205M for manufacturing expansion
EnduroSat raised $205 million in financing co-led by Riot Ventures and Atreides Management in September.
The European Innovation Council, Google Ventures, Founders Fund, House Capital, Lux Capital, Omnes Capital, Giant Ventures, Emphatic Capital and Endeavor Catalyst also backed the round.
EnduroSat plans a high-volume manufacturing facility in the United States and a space and defence hub in Europe. It will scale production of larger spacecraft in its FRAME line while standardising satellite assembly.
The company reports 103 satellites launched and more than 200 delivered. Its expansion supports a constellation service that combines satellite design, production and operations.
Use of funds
Scale serial satellite manufacturing and expand US/EU facilities
Funding history
Funding round · This round$205M