NewOrbit develops purpose-built satellites and proprietary propulsion technology to enable sustained operations in very low Earth orbit (200–300 km). The company says its design is intended to withstand VLEO environmental challenges such as atmospheric drag and atomic oxygen and to operate for up to five years. NewOrbit targets applications including higher-resolution Earth observation and low-latency satellite connectivity. Founded in 2021 and headquartered in Reading, the startup plans to construct the NEO Production Complex in 2027 to manufacture its first commercial satellite. It expects to launch that satellite in 2028 and increase production as operations scale. The company has raised a Series A led by Voyager Ventures and participation from angels, a family office, and existing investors.

Total raised

$19M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2026