ReOrbit launches OrbitCloud R&D programme with Business Finland funding
The programme aims to scale satellite capabilities for secure connectivity, with total value exceeding €40 million.
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Satellite manufacturer and sovereign connectivity systems provider
reorbit.spaceLast updated
In short: ReOrbit raised €45 million, secured a €150 million GEO satellite deal, and partnered with Google Cloud in 2025.
The programme aims to scale satellite capabilities for secure connectivity, with total value exceeding €40 million.
The agreement covers two next-generation geostationary communication satellites. It supports sovereign space infrastructures through flexible leasing terms.
Over 80% came from Finnish investors including Elo and Varma, with an €8M public offering filled in 4.5 hours; records were set and production stays in Helsinki.
The Series A round led by Springvest will expand manufacturing, advance technologies, and open local satellite centres over the next 12 months.
Startup ReOrbit, which manufactures satellites, had to scale its production when it received a 150 million euro contract for the manufacture of two satellites. The previously used financial management tools would not have been sufficient...
Through SLI’s platform, satellite operators can access advanced technology on leasing terms instead of outright purchase, supporting more capital-efficient satellite deployment. Founded in 2019 and...
Finnish satellite manufacturer ReOrbit has signed a contract with asset-financing company SLI for two small geostationary orbit communications satellites.
Award-winning satellite company ReOrbit moved from Sweden to Finland and is now one of the country's hopes for the future. CEO Sethu Saveda Suvanam praises Finland in a rarely heard way.
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