We are very excited to announce that ReOrbit has closed a €45 million Series A funding round, the largest all-equity Series A round in Finland and one of the most significant deals overall in the European space and defence sector!
Advancing 🇲🇾–🇫🇮 cooperation in satellite tech, digitalisation & innovation 🚀CDA Ariff Ali met @ReOrbitOy CEO Sethu Saveda Suvanam, who shared updates on satellite solutions & their new Hernesaari facility. Discussions touched on data sovereignty & knowledge transfer.
@PetteriOrpo@shigeruishiba@FinEmbTokyo Talks focused on bilateral political, trade and economic relations between Finland and Japan.
They also discussed a variety of topical international issues.
More:
https://t.co/WXReOfbTPq
ReOrbit is honoured to be part of the business delegation accompanying @PetteriOrpo, Prime Minister of Finland, on the official state visit to Japan.
We discussed how ReOrbit's secure communications satellites will bring value to military and commercial applications in Japan.
In the August issue of @SpaceNews_Inc, Sethu Saveda Suvanam, CEO & Founder at @ReOrbitOy, talks about the rationale for going software-first when designing satellites and how satellite communications networks might alter the telecommunications landscape: https://t.co/eJpXVJoxNu
⚡#hotoffthepress@AirbusDefence and @Thales_Alenia_S contract ReOrbit to reinforce the next generation of space connectivity, part of @esa's strategic programme HydRON.
Read the full press release here: https://t.co/nYNQ5DUP31
Grounded in fact: Finland is rapidly becoming a spacefaring nation.
Find out how Finland has managed to reach similar levels of space exploration activities compared to European countries with the highest space spending, and even exceed them: https://t.co/r7HwTthBkl
Alla medlemsländer har ratificerat Finlands ansökan, och Finland går med i Nato. Tack till alla länder för stödet under processen. Som allierade både får och ger vi trygghet. Vi försvarar varandra. Finland står även framöver vid Sveriges sida och stöder dess medlemskapsansökan.
Tune in this evening at 20.30 CET for a live session with Sethu Saveda Suvanam lead by Lisa Dreher, MBA, CC. As a start up leader, Sethu will share his views and lessons learned along the way…
https://t.co/cBdMq75O9P