NewOrbit Space
NewOrbit Space engineers very-low Earth orbit (VLEO) satellites that operate at one-third the altitude of conventional satellites, redefining capabilities in Earth observation, connectivity, and weather forecasting. Its NEO-1 satellite features tailor-made attitude control, cutting-edge materials, and a proprietary propulsion system designed to sustain very-low Earth orbital flight for up to five years. Operating…
Funding snapshot
About
NewOrbit Space engineers very-low Earth orbit (VLEO) satellites that operate at one-third the altitude of conventional satellites, redefining capabilities in Earth observation, connectivity, and weather forecasting. Its NEO-1 satellite features tailor-made attitude control, cutting-edge materials, and a proprietary propulsion system designed to sustain very-low Earth orbital flight for up to five years. Operating closer to Earth enables higher resolution imagery previously accessible only through drones, direct-to-device satellite-to-phone services rivaling terrestrial bandwidth, and more precise weather forecasting through access to new atmospheric data layers. The satellites are designed to be debris-free, vanishing within a month of decommissioning to keep space clean and safeguard orbital sustainability. NEO-1 supports Earth observation payloads, direct-to-device data transmission, and weather monitoring applications. Founded in 2021 and headquartered in Reading, United Kingdom, the company has raised approximately $26.8M in Series A funding from investors including Voyager, Atlantic.vc, Lifeline Ventures, Illusian, and Yes VC.
Business model
Space Tech > Space Hardware > Satellites
Institutional investors
Latest coverage
No articles yet.
Similar startups
GalaxEye
Modumetal is a developer of nanolaminated materials technology that grows nanolaminated alloys onto base materials to create enhanced strength, durability, and corrosion resistance compared to conventional metals.
Dockwa
Dockwa allows boaters to reserve docking and mooring facility via their smartphone app and online portal.
Neptune Robotics
Neptune Robotics provides automated robotic hull cleaning and inspection services for maritime vessels, using ROV technology with cutting-edge cavitational cleaning to remove biofouling from ship hulls and propellers.
Fleetzero
Platform offering modular electric propulsion and hull systems for cargo ships. It focuses on reducing ship construction and operational costs through modularity.