Dutch-Italian space tech startup Revolv Space lands €2.6M to advance small satellite capabilities

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Noordwijk and Torino-based Revolv Space, a space tech startup, announced that it has secured €2.6M in a fresh round of funding. The company aims to improve small satellites with better mechanisms and power systems.

The round was led by Primo Ventures through Primo Space Fund and joined by Takeoff.

Eugenia Forte, Director of Takeoff Accelerator, says, “We are thrilled to support Revolv Space at this pivotal stage of their growth. The team’s innovative approach to the development and commercialisation of space technology represents a significant breakthrough in the space sector.”

“This investment will enable Revolv to accelerate the development and production of cutting-edge systems, meeting the demands of a rapidly expanding market.

Takeoff Accelerator is a programme for pre-seed and seed startups in the aerospace and advanced hardware sectors.

Capital utilisation

The investment will fund the upcoming In-Orbit Demonstration of Revolv Space’s flagship product, SARA, the “world’s first” autonomous and fail-safe Solar Array Drive Assembly, which enhances the performance of small satellites.

Additionally, the money will also help the company increase production to meet the high demand for advanced satellite parts.

Marco Sala, CEO and co-founder of Revolv Space, says, “This investment propels Revolv into its next pivotal phase: the first SARA unit operating in space, following an extensive testing campaign that validates both our product’s reliability and our development philosophy.”

“This investment will also enable us to enhance our production capabilities to serve constellation customers, marking a vital first step in our mission to push the boundaries of commercial space with innovative robotics and energy solutions.”

“The support of renowned investors like Primo Space Fund and Takeoff reaffirms our vision and expansion plans. Their expertise in financial management, combined with their extensive network in the space industry, plays a critical role in driving Revolv’s growth”, adds Sala.

Raffaele Mauro, Partner at Primo Space Fund, adds, “Founded in 2022 by PoliMi and TU Delft alumni, their commercial traction, rapid growth, and strategic vision perfectly align with Primo Ventures’s investment philosophy.”

Redefining small satellite capabilities

Revolv Space offers affordable mechanisms and power systems to small satellite manufacturers and constellation operators by using a test-focused and customer centered approach.

The company’s products are designed for small satellites under 500 kg and include Solar Array Drive Assemblies, solar arrays, hinges, and deployment systems, covering a power range between 100 W to 3 kW. 

Revolv Space aims to help “ambitious” satellite integrators improve their platforms’ performance beyond current options.

Filippo Oggionni, who leads the commercial efforts of Revolv Space, says, “Small satellite manufacturers and end users are looking for leaner suppliers who can comply with the budget and schedule of small satellite missions without compromising on quality: this means affordable components delivered with excellent quality and low lead times. 

“We place clients at the heart of our product development, integrating their feedback from the early stages. Today’s satellite integrators are tired of black-box suppliers; instead, we bet on a transparent and responsive communication approach, which has already paid off with our existing customers.”

Revolv Space is supported by the European Space Agency (ESA) through its Business Incubation Centre in Noordwijk, Netherlands, with help from the Netherlands Space Office, and has been progressing in close proximity to ESTEC (the European Space Research and Technology Centre).

The funding has also allowed Revolv Space to open a new office in Turin, Italy, a space sector hub with firms like Thales Alenia Space and Leonardo. Currently, the company has 15 employees.

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Vishal Singh

Vishal Singh is a News Reporter and Social Media Marketing Lead at Silicon Canals. He covers developments in the European startup ecosystem and oversees the publication's social media presence. Before joining Silicon Canals, Vishal gained experience at the Indian digital media outlet Inc42, contributing to its growth with insightful content. Despite being a college dropout, his passion for writing has driven his career in journalism.

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