“D-Orbit Secures $110M Investment to Propel Superior Space Logistics Capabilities”
D-Orbit, an Italian startup that provides an array of logistics services for companies operating satellites and other services in space, has raised €100 million ($110 million) in a Series C round of equity funding.
The Milan-based company said another $50 million will be added to the Series C in the first half of this year.
D-Orbit today provides last-mile satellite delivery and related logistics services, mission control as a service to manage already-launched spacecraft and hardware, and space waste management services, all aimed at launches that are orbiting the Earth.
Others in the area of space services include Planet Labs, Privateer, Zenno Astronautics, Astroscale, and a variety of others just getting started.
“D-Orbit represents an excellence that in these years has positioned itself as a category leader in the in-orbit transportation segment globally, becoming the first B-Corp certified space company in the world.”
