ReOrbit lands record funding to take on Musk’s Starlink from Europe
ReOrbit, a Finnish startup focused on helping nations control their own sovereign satellites, has raised a record €45 million (about US $53 million) Series A round of funding for a European space tech company. The funding round signals that Europe’s new space market is heating up, fueled by a geopolitical environment in which countries increasingly worry about relying on foreign technology for critical infrastructure. Founded in 2019 and based in Helsinki, ReOrbit provides both the hardware and