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UK-based NewOrbit raises €16 million to build commercial satellites for very low Earth orbit (VLEO)

Source: eu-startups.com 1 min read

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UK-based NewOrbit raises €16 million to build commercial satellites for very low Earth orbit (VLEO)

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NewOrbit, a Reading-based SpaceTech company, raised an oversubscribed €16 million Series A round led by Voyager Ventures to fund launching the first commercial satellite designed to fly at 200-300 km in very low Earth orbit.

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