[Funding alert] Fino Mornasco-based D-Orbit Secures €100m in Series C Round Funding

The company wants to use the cash to continue to extend its space logistics service into in-orbit servicing and space cloud computing, and to grow its capabilities in the U.S., Europe, and the United Kingdom. D-Orbit is a market leader in the space logistics and transportation services sectors, having been founded in 2011 and being run by CEO Luca Rossettini.

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Through an incremental strategic approach to the space marketplace, the company has developed proprietary space logistics technology and transportation solutions to deliver customer outcomes today while developing cutting-edge products and services for tomorrow's needs. This has accelerated the growth and development of the space economy.

The company offers ION Satellite Carrier, a vehicle that can transport satellites in orbit and release them one at a time into separate orbital slots, and a proprietary suite of cloud-based mission control software that can manage entire constellations of satellites. The company has already flown over 70 payloads.

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They have completed 13 ION orbital transfer missions, with Spire Global, AAC Clyde Space, and Alba Orbital among their clientele.

About D-Orbit

With a history of space-proven technologies and successful missions, D-Orbit is a global market leader in the transportation services and space logistics sectors.

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Through an incremental strategic approach to the space marketplace, the company has developed proprietary space logistics technology and transportation solutions to deliver successful customer outcomes today while developing cutting-edge products and services for the needs of tomorrow. This has accelerated the growth and development of a trillion-dollar space economy.