OTB Ventures leading Kurs Orbital new funding round!
SpaceTech startup Kurs Orbital secures €3.7 million to democratise in-orbit servicing and logistics through its autonomous rendezvous and docking ARCap Module.
We aim to provide the market with a system that is truly performant and flexible, that allows the servicing spacecraft to be fully autonomous, both in space operations and from ground control. This round is critical for our next step - delivering powerful and cost-effective rendezvous technology to the market said Volodymyr Usov Kurs Orbital's CEO and Co-founder.
Kurs Orbital team, building off a long and rich legacy of designing and creating rendezvous and docking systems in an agency context, immediately struck us as the right combination of deep and unique expertise combined with a fresh look at the technology and market. It is a great example of our investment strategy in the wider in-space servicing market. Said Wojtek Walniczek partner at OTB Ventures.
Congratulations also to our fellow investors Credo Ventures, Galaxia | Polo Nazionale di Trasferimento Tecnologico dell'Aerospazio, In-Q-Tel, Inovo.vc