ReOrbit Raises $53M Series A

ReOrbit Secures €45M (~ USD $53M) to Advance Sovereign Satellite Systems

Helsinki-based ReOrbit has raised a €45 million Series A, led by Springvest Oyj, marking one of the largest funding rounds for a European space startup. The raise included strong participation from new and existing investors such as Varma, Elo, Icebreaker.vc, Expansion Ventures, 10x Founders, and Inventure.

Founded in 2019, ReOrbit develops software-defined satellite systems designed to give nations full ownership and control over communications and intelligence infrastructure. Its platforms include Silta, a secure communications satellite, and Ukko, an intelligence and surveillance system. 

By sourcing hardware globally and integrating it with its proprietary software, the company offers governments an affordable alternative to foreign-owned satellite networks.

CEO and founder Sethu Saveda Suvanam said “This investment enables us to meet growing demand, ensuring that nations can operate critical space systems independently and with full control. In today’s geopolitical environment, reliance on external parties is a risk no country can accept. ReOrbit ensures they never have to,"

Earlier this year, ReOrbit expanded into the UK and plans to open satellite centers in additional countries over the next year.

The company has already secured contracts with partners including Malaysian energy and tech firm Uzma Berhad, India’s Ananth Technologies, and the European Space Agency - ESA. 

ReOrbit’s next milestone is an in-orbit demonstration mission with ESA, planned for 2026.

Image Credits: ReOrbit