Thorium Space develops technologies across a phased commercialisation roadmap that spans SATCOM components and subsystems through to advanced satellite communications systems. A central element of its strategy is proprietary intellectual property, including a family of Ka-band BFIC chips for ground and space segments and development of ASIC chips. The company holds exclusive rights to sell specialised BFIC chips until 2034 and is targeting the European secure SATCOM market. Thorium says proceeds from its recent pre-IPO offering will fund telecommunications payload development, product integration, BFIC and ASIC development, and further commercialisation of its technologies. Management positions the company’s timeline as aligned with expanding market demand for independent and secure SATCOM, and plans a NewConnect listing in the third quarter. The articles do not disclose revenue or other operating metrics.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2026