Spaceit offers a Mission Control as a Service (MCaaS) platform for satellite operations alongside a suite of simulators aimed at strengthening space-sector cybersecurity defenses. The company says existing market solutions are not scalable, contain cybersecurity flaws, and cannot support the rising number of satellite constellations. Spaceit targets reducing satellite mission budgets by more than 80% to democratise satellite deployments and provide better radio coverage. The article cites rapid growth in satellite launches as increasing demand for secure, extensive radio communications systems. Spaceit is Tartu-based and intends to use new funding to further develop its platform. The startup raised capital in a pre-seed round to accelerate product development.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2021