SpinLaunch has secured $30 million in funding to advance its Meridian Space low Earth orbit (LEO) satellite broadband constellation. This investment includes contributions from existing investors, led by ATW Partners, as well as Kongsberg Defence & Aerospace.
With this funding, SpinLaunch plans to establish its first customer link by late 2026 and enhance its go-to-market strategies. Growing interest suggests a demand for a cost-effective and flexible LEO satellite communication system.
Recently, SpinLaunch completed full-scale testing of its innovative multi-band reflectarray antenna, which reduces capital costs. This compact and energy-efficient antenna is ideal for next-generation LEO networks, setting it apart from traditional satellite antennas.
KEY QUOTES:
“We’re not just building momentum – we’re earning trust. From technical milestones to collaboration with early adopters, the continued backing of insiders and partners like Kongsberg underscores the credibility of our approach and the progress we’ve made.”
Massimiliano Ladovaz, CEO of SpinLaunch
“We chose to partner with SpinLaunch because we saw a bold vision backed by a uniquely capable team. This investment reflects our shared belief in their ability to deliver a new model for satellite communications through the Meridian Space constellation. SpinLaunch is building a platform with global relevance – and we’re proud to support them as they move from technical validation to commercial momentum.”
Eirik Lie, President of Kongsberg Defence & Aerospace
“Validating our reconfigurable reflectarray antenna through full-scale testing confirms we can deliver multi-band capability without the cost and complexity of traditional designs. This is a critical step toward the development of the Meridian Space constellation and achieving both our technical and operational objectives.”
David Wrenn, Chief Innovation Officer at SpinLaunch
