endless trackthe French New Space In-Orbit Services company, has raised its first funding round, a €12 million round led by Newfund Capital and EIC Fund.
The primary purpose of this funding is to enable Infinite Orbits to accelerate the development of its flagship project ‘Endurance’, a life extension satellite for space assets. Endurance enables satellite operators to optimize their fleet management strategies while increasing return on investment by extending the lifetime of their satellites. Endurance is scheduled to demonstrate Europe’s first life extension mission in 2026.
Infinite Orbits’ Endurance is operated by Infinite Orbit’s RPO technology (Rendezvous and Proximity Operations). It is an autonomous vision-based navigation technology that allows assets in space to dock in close proximity to each other.
RPO technology promises to pave the way for sustainable use of space resources and enable a more durable space environment. The technology is designed to be replicated for advanced in-orbit services such as inspection, refueling, and manufacturing in space, as well as other applications not yet realized given the impressive growth in satellite launches in recent years. It has been.
The Infinite Orbits technology verification and validation roadmap was launched in 2019 with key technology partnerships including ESA and CNES, and funding from the European Innovation Council (EIC), bpifrance and the Occitanie region. Ta.
This roadmap resulted in Infinite Orbits’ Orbit Guard™ #1, equipped with the first version of Infinite Orbits technology, launching into GEO orbit on May 1, 2023.
Infinite Orbits CEO Adel Haddoud explained: “Last year, we already took a big step. We are the first startup in the world to have a commercial microsatellite in geostationary orbit, and we have entered into an important partnership with satellite operator Intelsat to develop our services. for that fleet.
“With four major customers including Azercosmos, Intelsat, CNES and Hispasat, we have completed our second year of revenue and are on a strong growth trajectory to exceed €60 million in 2027,” said Infinite Orbits CEO. Adel Haddoud explains. “And as a commercially driven company, the next logical step for us is to offer reliable and competitive new services like Life Extension to all our GEO operators.”
