Announcing our $7.5m seed round

We’re thrilled to announce that we, New Orbit Space, have closed a $7.5 million seed round led by Yes VC, with participation from Atlantic Labs, Lifeline Ventures and Offline Ventures. This investment will fuel our next phase of growth—accelerating the development of both our proprietary propulsion system and our satellite.

With these new resources, we’ll ramp up engineering and testing of our advanced electric propulsion engines, designed to deliver high efficiency in ultra-low Earth orbit. At the same time, we’re scaling development of our inaugural satellite platform, bringing us ever closer to our goal of building and operating Earth's lowest orbiting satellite.