Sidereus Space Dynamics, a Salerno, Italy-based company developing vehicles for spaceflight, raised €5.1M in Seed+ funding.
The round was led by Primo Space and CDP Venture Capital Sgr, via the Italia Venture II – Fondo Imprese Sud fund.
The company intends to use the funds to get into the pre-flight and flight test phases preceding its experimental orbital launch campaign.
Led by CEO, CTO, and Founder, Mattia Barbarossa, Sidereus Space Dynamics is centered on developing new vehicles to make spaceflight a daily routine. The vehicle currently under construction, EOS, will be a small orbital rocket, a lightweight launcher offering routine space transport capabilities for small satellites. The developing technologies, combined with a new approach focused on versatility, sustainability, and safety, will enable EOS to become an orbital platform, accelerating technological advancements in the space field and its impacts on Earth by substantially reducing spaceflight durations and costs.
FinSMEs
26/09/2023