Reported about 15 hours ago
Satellite manufacturer EnduroSat has raised $104 million in funding from investors including Google Ventures and the European Investment Council Fund. The Bulgarian company aims to expand its production of small and midsized satellites, responding to increased demand for secure communication and Earth observation networks. This funding round, led by Riot Ventures, follows a recent $50.15 million raise in May and coincides with the launch of a new Space Center in Bulgaria designed to produce up to two satellites daily.
Source: YAHOO