deltaVision raises €10.2M to build the plumbing for in-orbit refuelling
Munich-based space startup deltaVision has raised €10.2 million in its first outside funding round, money earmarked for scaling production of the valves, pumps and pressure regulators that shuttle propellant around spacecraft.
The company also wants to help build one of the industry’s more speculative markets, in-orbit refuelling, in which satellites are topped up with fuel while still flying rather than retired the moment their tanks run dry.
The round drew backing from Futury Capital, KT Ventures and Valemount Capital, with tech.eu reporting that KT Ventures and Valemount Capital led.
It arrives as a fresh wave of Europe’s spacetech startups chases the in-orbit servicing opportunity that has, until recently, been dominated by a handful of American players.
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