Vyoma Secures Funding from EIF for Space Traffic Monitoring Constellation



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Vyoma, a European company, has received a significant investment from the European Investment Fund (EIF) alongside existing investor Atlantic Labs.

This funding boost will accelerate the development and launch of Vyoma’s space-based constellation designed to track objects in Earth’s orbit, from low-Earth orbit (LEO) to geosynchronous orbit (GEO). The first generation of this constellation will utilize powerful optical sensors, providing real-time data on space traffic 24/7.

Stefan Frey, co-founder and CEO of Vyoma, said, “This investment is a recognition by the European Institutions of the pressing need to address hazards in orbit and guarantee the safety of assets. With Vyoma’s space-based surveillance system, we can in effect not only monitor the majority of all space objects in low-Earth orbit larger than 1 cm but also detect ill-intent and malignant actions. This confluence of technological solutions and geostrategic goals is what drives this investment. At the same time, we are proud to count once again on Atlantic Labs for its continuous support.”

“The NewSpace industry has the potential to unlock technologies that can have a ripple effect across a range of other sectors,” said Marjut Falkstedt, Chief Executive of the EI. “I am delighted that EIF support, with the backing of the InvestEU programme, will enable companies like Vyoma to advance their work in cutting-edge fields like orbital monitoring. This is not only important for ensuring the safety and security of space missions and satellite operations – it will also play a role in enhancing Europe’s overall security and technological sovereignty.”

This is the account of the Newsdesk team at Geospatial Media. Reach us at newsdesk [@] geospatialmedia.net or call us on +91-120-4612500

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