Aurora Propulsion

Aerospace | SpaceTech

Seed

Year of investment: 2021

About the company:

Aurora Propulsion Technologies’ mission is to ensure sustainable use of space, whilst prolonging the useful lifespan of satellites. Their technologies enable effective and prompt implementation of satellite position and orientation to ensure successful execution and growth for the owners’ business as well as the safe and reliable deorbiting of satellites at the end of their useful life. The long-term mission goal is deep space exploration with microsatellite-sized probes using a revolutionary means of propulsion, an electric sail.

Website: https://aurorapt.fi

Categories: Aviation & Aerospace; New Space; SpaceTech; B2B; Propulsion Technology; SmallSat; CubeSat; Attitude Control; Deorbit; Asteroid Mining; Sustainability.

Founded: 2018

Founder(s): Perttu Yli-Opas, Roope Takala

Location(s): Espoo (Finland)

Entry date: 2021

Entry stage: Seed

Latest stage: Seed

Latest round: Seed

Co-investors: TESI (Finnish Industry Investment Ltd.); The Flying Object (Kluz Ventures);

Exit: n/a

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