Seed Exited
Year of investment: 2015
About the company:

Aerospace engineering company specialising in small satellites & cubesats. Founded as a spin-off from Vilnius University.

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Tags: nanosatellite solutions and services; satellite tech; space tech; communications equipment; manufacture of communications equipment; b2b; manufacturing; hardware; satellites; aerospace; propulsion systems; satellite communication; industrial engineering; electronics; internet of things;

Co-investors: Intelektas LTHorizon 2020 

Exit: 2018 to AST&Science


Practica Capital exit: AST & SCIENCE has acquired all shares of Nanoavionics

Lithuanian nano-spacecraft industry player obtains €3.2M to commercialize propulsion system, performs successful in-orbit test 

New Europe 100 — changemakers in central and eastern Europe

Can you launch a satellite with €193 000? Lithuanian startups can

Practica Capital one of the first European VC investors in the space industry with NanoAvionics


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