
Loft Orbital has successfully raised €170 million ($174 million) in a Series C funding round, with participation from Tikehau, Bpifrance, Temasek, Supernova Invest, and Tribeca Venture Partners. This funding will be utilized to accelerate the deployment of its multi-mission satellite fleet. Since its inception, Loft Orbital has raised over €300 million. The company currently holds more than $500 million in signed contracts and has 30 satellites in production for clients including NASA, CNES, ESA, and the U.S. Space Force. Pierre-Damien Vaujour, co-founder and CEO of Loft Orbital, expressed optimism about the company's positioning as a global leader in the space industry. This funding round follows a recent €150 million investment raised by The Exploration Company.







Stoke Space Announces $260 Million in New Investment https://t.co/kwDlsH3KYH
Funding in the space industry is set to receive a boost this year from growing U.S.-China tensions, after startups in the sector clocked $8.6 billion in investments in 2024. https://t.co/8jZVsM5oco
Reusable rocket startup Stoke raised another massive round: $260M: https://t.co/fLJWwUZCnv by TechCrunch #infosec #cybersecurity #technology #news