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Belgian spacetech gem VEOWARE secures €2,5 million euro to empower spacecrafts with next-generation agility


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Brussels, Sept. 19, 2024. VEOWARE, a pioneer in enhancing satellite tv for pc movement management, has raised €2.5 million in a funding spherical by imec.istart future fund, Ostbelgieninvest – OBI, Moveinvest (Noshaq & OBI) and Henkes & Co. This funding will gas the corporate’s formidable development methods, together with the enhancement of its groundbreaking Management Second Gyroscope (CMG) know-how, facilitate enlargement into the united statesand develop as a frontrunner in movement management options.

Based in 2018 by engineers Julien Tallineau and Julien Demonty, the Brussels based mostly firm VEOWARE has specialised in enhancing the agility and maneuverability of small satellites from 50kg to 500kg by way of superior actuator know-how starting from Management Second Gyroscopes (CMG) to excessive torque response wheels.

Revolutionizing satellite tv for pc agility

“At the moment, 99.5% of Earth Commentary satellites are designed to constantly face nadir to gather knowledge. This conventional method limits the potential of satellites to seize numerous and dynamic knowledge units in a really brief time. Regardless of the dear knowledge satellites can collect, most targets stay missed as a result of lack of superior know-how that permits for dynamic reorientation. This leads to a major missed alternative for knowledge assortment and evaluation.” says Julien Tallineau, co-founder and CEO of VEOWARE.

VEOWARE bridges this hole with its cutting-edge modular actuator know-how, enabling smallsat operators to gather knowledge utilizing state-of the artwork imaging technics reminiscent of off-nadir level targets, multi-strip imaging, or stereo-imaging in a single path. It maximizes the protection collectable per minute and thus maximizes the return on funding of the satellite tv for pc. The corporate’s flagship product, the Management Second Gyroscope (CMG), considerably enhances the maneuverability of satellites, inherently making them as productive as 4 non-CMG outfitted satellites. This know-how thus gives operators new means to scale back their CAPEX when designing a constellation.

“CMGs for small satellite tv for pc are set to revolutionize the EO constellation business, particularly for prime decision optical, hyper-spectral, very excessive decision and even SAR purposes the place small satellite tv for pc turn into an increasing number of current”, says Julien Tallineau. “Our {hardware} & software program know-how allows operators to optimize income by re-orienting the satellite tv for pc and give attention to cloud-free zones solely. This not solely improves knowledge high quality but additionally accelerates entry, enabling extra downstream purposes.”

Acceleration

This funding will assist the corporate’s formidable development plans, drive additional enhancements to VEOWARE’s groundbreaking Management Second Gyroscope (CMG) know-how, broaden the workforce, and facilitate its enlargement into the U.S. market whereas creating new movement management know-how constructing block.

About VEOWARE
VEOWARE SPACE is a brussels based mostly SpaceTech firm creating and commercializing Perspective Management Techniques enhancing 10X the agility of any spacecraft. Because of its next-gen proprietary movement management applied sciences, VEOWARE un-locks the flexibility of spacecraft to maneuver quicky & effectively for purposes reminiscent of Earth Commentary, Area Area Consciousness or Telecommunication. https://www.veoware.area/

About imec.istart future fund: https://www.imecistartfuturefund.com
About Ostbelgieninves: https://www.ostbelgieninvest.be
About Henkes&Co: https://www.henkes-co.be/
About Noshaq: www.noshaq.be


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