Space Tech startups in Europe
There are 882 Space Tech startups in Europe which include Thales, Isar Aerospace Technologies, ICEYE, Exotrail, Mynaric. Out of these, 340 startups are funded, with 103 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 47 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Technical University of Munich, Imperial College London and Massachusetts Institute of Technology.
Here is the list of top Space Tech startups in Europe
1. Thales
AI-based software suites for navigation applications. It provides users with a platform that designs and develops online solutions for air traffic management, navigation management, flight deck management, and inflight connectivity. It is used also in defence, aeronautics, space, transportation, digital identity, and security markets.
Key facts about Thales
- Founded Year: 1893
- Location: Paris (France)
- Stage: Public
- Investors: VentureTech Alliance, Ministry of Economy, Finance and Industrial and Digital Sovereignty and 3 Others
- Latest Funding Round: Grant (prize money), Dec 01, 2023, $*****
- Tracxn Score: 81/100 What is this?
Isar Aerospace Technologies is a manufacturer of launch vehicles for small payloads. It caters to orbital and suborbital launches and offers a two-stage launch vehicle designed for satellite deployment, satellite constellations for single satellites, and payload communication systems.
Key facts about Isar Aerospace Technologies
- Founded Year: 2018
- Location: Munich (Germany)
- Stage: Series D
- Total Funding till date: $594M
- Investors: Lombard Odier, Porsche Se and 33 Others
- Latest Funding Round: Series D, Jun 25, 2025, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 6 of 115 Competitors
3. ICEYE
Operator of synthetic aperture radar satellites providing earth observation data. The company designs mission systems to enable national space programs. It offers synthetic aperture radar data, imaging modes, and a tasking application programming interface. The company provides solutions for natural catastrophe insights, insurance, and government applications.
Key facts about ICEYE
- Founded Year: 2014
- Location: Espoo (Finland)
- Stage: Series D
- Total Funding till date: $500M
- Investors: True Ventures, Seraphim and 36 Others
- Latest Funding Round: Series D, Aug 25, 2025, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 4 of 372 Competitors
4. Exotrail
Provider of electric propulsion systems and in-orbit services for spacecraft. The company delivers mobility capabilities intended for secure and sustainable space operations. Its solutions address the increasing need for efficient movement of satellites. These services include reaching operational positions, relocation during missions, collision avoidance, and deorbiting at lifecycle's end.
Key facts about Exotrail
- Founded Year: 2016
- Location: Massy (France)
- Stage: Series B
- Total Funding till date: $74.6M
- Investors: Eurazeo, 360 Capital Partners and 16 Others
- Latest Funding Round: Series B, Feb 07, 2023, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 1 of 36 Competitors
5. Mynaric
Developer of optical communication terminals for air, space, and ground applications. The company industrializes laser communication systems, producing terminals for wireless terrestrial, mobility, airborne, and space-based uses. These laser communication networks enable secure, long-distance data transmission between moving objects. The company’s terminals support ultra-high data rates.
