EnduroSat (Series A)
Funding Details
- Awarder
- RSS - spacenews.com
- Date Award
- May 27, 2025
- Vertical
- Aerospace
- Funding URL
- View Funding Page
- Funding Amount:
- $49,000,000
Company Info
- Founding Year
- 2018
- Traction
- EnduroSat currently builds 12–15 cubesats per month and plans to ramp up production to 60 satellites per month by the end of the year, with a goal of delivering at least 120 units in 2025.
- Founders
- Raycho Raychev
- Company Description
- EnduroSat is a Bulgaria-based microsatellite specialist that focuses on building and deploying satellites. The company has developed a new cableless satellite bus design that allows for rapid assembly and testing, catering to the growing demand for satellite constellations.
- Market
- Satellite manufacturing and deployment
- Location
- Sofia, Bulgaria
- Coinvestors
- Founders Fund, CEECAT Capital, Morphosis Capital