SPiN offers modularity-as-a-service for satellites via its MA61C multipurpose adapter, aiming to reduce design costs by 50%, production costs by 30% and cut integration time by a year. The company positions its technology as a way to democratize access to space and enable satellite manufacturers to reallocate resources toward new ventures. Funds from the recent round will be used to scale the startup, intensify R&D, explore commercial opportunities, and further qualify hardware in operational environments. As part of the investment, a Galaxia representative will join SPiN’s board and the company will move its headquarters from Germany to Italy. SPiN was founded in 2015 during the founders' studies at TU Delft and has participated in ESA BIC and Techstars programs. The company has received recognition at competitions including Startup Weekend Space, INNOSpace Masters, and Space2Connect.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2024