Overview
- The round includes Riot Ventures, Google Ventures, Lux Capital, Shrug Capital and the European Innovation Council Fund, according to the company.
- EnduroSat officially opened a 17,500-square-meter Space Center in Sofia designed for high-volume output of ESPA-class satellites.
- The company states the facility is built to produce up to two 200–500 kilogram Gen3 Endurance spacecraft per day, a capacity claim not independently verified in the reports.
- Total capital raised now exceeds $150 million since 2015, including about $49 million disclosed in May for earlier manufacturing expansion.
- EnduroSat says its Gen3 avionics are accruing flight heritage with two validation missions planned this year and initial customer flights expected early next year.