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ReOrbit Raises Finland’s Largest Space Tech Series A at €45 Million

The Helsinki startup is pitching reprogrammable, government-owned systems as a trusted alternative to foreign constellations.

Overview

  • The Series A was organized by Springvest and included an €8 million public share issue that filled in 4.5 hours, with the remaining €37 million from Varma, Elo, Icebreaker.vc, Expansion VC, 10x Founders, and Inventure.
  • ReOrbit focuses on sovereign satellite capability, offering clients full ownership, encrypted links, and remote reprogramming across missions.
  • Its unified software core supports both geostationary SiltaSat and low‑Earth‑orbit UkkoSat, positioning one stack for communications and intelligence roles.
  • The company reports one multi‑hundred‑million‑euro contract with a nation and several MOUs with others, with figures attributed to the CEO.
  • Next milestones include an ESA in‑orbit demonstration targeted for Q2 2026 and scaling manufacturing with planned satellite centres in Europe, Asia, and the Middle East while pursuing a €1 billion order pipeline.