NewOrbit raises €16M to build commercial satellites for very low Earth orbit
NewOrbit’s €16 million Series A highlights growing interest in very low Earth orbit satellites for cheaper imagery, connectivity, and commercial space infrastructure.
Commercial space is getting closer to Earth — literally. NewOrbit’s funding points to growing interest in satellites operating in very low Earth orbit, where cost and performance could look different from traditional satellite models.
What happened
NewOrbit raised an oversubscribed €16 million Series A to build commercial satellites for very low Earth orbit. The company is targeting altitudes around 200 to 300 kilometres, with a focus on improving satellite imagery and connectivity economics.
Why it matters
Very low Earth orbit can offer advantages such as sharper imaging, lower latency, and potentially lower satellite costs. If companies can solve the technical challenges, VLEO could open new commercial opportunities in earth observation and communications.
The bigger picture
SpaceTech is moving from launch excitement toward specialised infrastructure. The next wave of space startups may compete on orbital design, data quality, cost efficiency, and services that plug directly into industries on Earth.