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EnduroSat has secured $104 million in new funding to ramp up its small satellite manufacturing capacity.
EnduroSat opened a 3,200-square-metre facility in late 2023.
Bulgaria’s EnduroSat announced a $100M+ funding round and the opening of a new manufacturing facility to produce up to two satellites each day.
EnduroSat was founded in 2015.
In late 2023, EnduroSat closed a $10 million Series A funding round.
EnduroSat's expanded capacity will enable it to meet the growing global demand for small- to medium-sized satellite constellations.
EnduroSat has raised over $100 million to ramp up to building two satellites per day.
EnduroSat's $100 million funding raise marks the company's second funding news of the year.
EnduroSat recently opened a new manufacturing center in Sofia, Bulgaria.
EnduroSat has opened a new Space Center, a 188,000+ square foot facility to scale up production of its Frame EELV Secondary Payload Adapter (ESPA)-class satellites.
EnduroSat's manufacturing center in Sofia has the capacity to manufacture up to two satellites weighing between 200 kg and 500 kg per day.
The new funding and factory will help EnduroSat meet demand for mid-sized constellations that include dozens to hundreds of satellites.
EnduroSat announced a €43 million ($48.8 million) raise in May to develop a larger satellite bus with more power to support payloads for hyperspectral imaging, SAR, and navigation missions.
EnduroSat is based in Bulgaria and has expanded operations to Colorado, France, and Germany within the last year.
EnduroSat focuses on building satellites for small to midsized satellite constellations for private communications networks and Earth Observation capabilities.
EnduroSat has raised another $100 million in funding after raising nearly $50 million earlier in 2023.
The Optisat mission is supported by leading suppliers including TESAT, EnduroSat, SkyLabs, D-Orbit, and Planetek Italia.
EnduroSat ordered 100 electric propulsion systems from Austria’s Enpulsion.
The 6U Balkan-2, part of the Balkan extension of Europe’s Copernicus Earth observation constellation, is set to be one of the first EnduroSat satellites to use Enpulsion’s Field Emission Electric Propulsion technology.
EnduroSat deployed its first satellite in 2018.