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The initiative reflects a strategic pivot by the French Ministry of Armed Forces to prioritize data processing speed as an operational advantage.
Dassault is currently developing a scaled-down demonstrator called Vortex-D, supported by the French Ministry of Armed Forces.
The Series A round was led by Blast, the French Ministry of Armed Forces’ Definvest fund managed by Bpifrance, Expansion, Primo Capital through its investment fund Primo Space, Karot Capital, ARIS, and Vertech Finance.
U-Space raised a 24 million euro ($28 million) Series A round with backing from the French Ministry of Armed Forces Definvest fund.
The Series A funding round was led by Blast, the French Ministry of Armed Forces’ Definvest fund, and Expansion.
An Arianespace Vega flight on 2021-11-16 delivered the CERES 1, CERES 2, and CERES 3 satellites into orbit for CNES on behalf of the French Ministry for the Armed Forces (DGA).
Athea will draw on experience gained by Atos and Thales from the demonstration phase of the ARTEMIS programme, the big data platform of the French Ministry of Armed Forces.