Funding of €12 million was obtained by Toulouse, France-based Infinite Orbits, a new space in-orbit services provider.
Investors
- The EIC Fund
- IRDI Capital Investissement
- Space Founders France (the entrepreneurial arm of CNES)
- Newfund Capital
Use of funds
Before the first launch, the business plans to conduct in-lab and in-space validation and to further refine its fundamental rendezvous and proximity operations (RPO) technology.
Objective of Investment
The primary goal of this fundraising campaign is to provide Infinite Orbits with the means to expedite the construction of its flagship project, “Endurance,” a satellite designed to extend life for space assets. By extending the lifespan of their spacecraft, endurance will enable satellite operators to maximize their fleet management tactics and boost their return on investment. In 2026, endurance is scheduled to showcase the first European Life Extension mission.
The RPO (Rendezvous and Proximity Operations) technology of Infinite Orbits, which enables autonomous vision-based navigation and docking of assets in orbit, will run Infinite Orbits’ Endurance. Since the number of satellites deployed in recent years has increased dramatically, RPO technology may be copied for a wide range of sophisticated in-orbit services, such as close inspection, refueling, in-space manufacturing, and many more that have not yet come to pass.
With support from the European Innovation Council (EIC), Bpifrance, La Région Occitanie, and important technical collaborators like ESA and CNES, the verification and validation roadmap of Infinite Orbits’ technology got underway in 2019. The first iteration of Infinite Orbits technology, Orbit GuardTM#1, will be sent to GEO orbit on May 1st, 2023, according to this roadmap.
About Infinite Orbits
Under the direction of CEO Adel Haddoud, it focuses on creating and managing GEO in-orbit servicers for satellite operators throughout the world. Through the use of its proprietary autonomous navigation system, which is vision-based and intended for services requiring rendezvous capability, the business has shown its capacity to design and construct tiny GEO satellites used for in-orbit operations.
