ReOrbit Oy, founded in 2019, is a Finnish New Space company focused on revolutionizing the space industry by developing software-defined microsatellite platforms. They aim to make space sustainable and affordable through reusable, scalable, and modular satellites, enabling various space organizations to conduct satellite launch missions at a lower cost. ReOrbit's technology enables adaptable spacecraft platforms that accommodate different payloads, autonomous capabilities, and software-defined architecture. Uzma Bhd has partnered with ReOrbit to explore marketing and distribution of its space satellite solutions in Southeast Asia.
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ReOrbit CEO Sethu Saveda Suvanam said that in 10 years there could be 200 sovereign satellite systems, with every nation having its own constellation.
ReOrbit sold its first two GEO-orbit satellites to SLI for $173 million.
Aerospace asset-leasing company SLI has purchased two geostationary-orbit satellites from Finland’s ReOrbit.
SLI’s agreement with ReOrbit reflects rising demand for sovereign resilient space infrastructure.
ReOrbit’s software-defined satellites can be reconfigured in orbit to adapt to changing mission requirements or shifting frequency demands.
The ReOrbit-SLI partnership is intended to lower the barrier to entry for sovereign nations and commercial entities seeking independent orbital infrastructure.
ReOrbit closed a $53 million funding round in September to accelerate the manufacture of sovereign satellites and infrastructure.
The ReOrbit-SLI contract covers the purchase of two next-generation software-defined geostationary communication satellites.
ReOrbit’s CEO is Sethu Saveda Suvanam.
On March 19, 2026, Helsinki-based satellite manufacturer ReOrbit signed a €150 million agreement with aerospace asset-financing specialist SLI, formerly Space Leasing International.
SLI will purchase two small geostationary orbit communication satellites from ReOrbit for 150 million euros ($172.8 million).
SLI’s purchase of ReOrbit satellites is its second satellite order in recent months.
ReOrbit raised a €45 million Series A funding round in September.
ReOrbit has a partnership with Google Cloud to build a network of satellites that will include quantum key distribution, optical terminals, edge processors, and device-to-device capabilities.
ReOrbit partnered with Google Cloud to begin developing a space-based data network called "Space Cloud".
ReOrbit is a Helsinki-based satellite manufacturer.
ReOrbit plans to encrypt Space Cloud data on the satellites using quantum key distribution.
ReOrbit is planning a satellite network called Space Cloud in collaboration with Google Cloud.
ReOrbit plans to release full technical details and a project roadmap for Space Cloud at Google Cloud’s Next conference in Las Vegas in April.
ReOrbit secured €45 million in Series A funding in early September 2023.