Loft Orbital is a space infrastructure company that simplifies the process of sending satellites into orbit, offering a comprehensive, end-to-end solution. The company provides a one-stop service for booking, launching, and operating satellites using a flexible microsatellite bus, which supports a wide range of payloads. By combining cutting-edge technology with operational expertise, Loft Orbital makes space more accessible and cost-effective for clients across industries. Their approach allows customers to focus on their core business while Loft Orbital manages the complexities of satellite missions, from licensing and insurance to launch and operations.
Loft Orbital has raised $170 million in a Series C funding round led by Tikehau Capital with participation from Bpifrance, Foundation Capital, Temasek, and Uncork Capital. In total, Loft Orbital has raised $326 million to date.
Loft Orbital, San Francisco, California, United States, was founded in 2017 by Alex Greenberg, Antoine de Chassy, and Pierre-Damien Vaujour. Loft Orbital operates in commercial sectors like telecommunications, IoT, and Earth observation, as well as government, defense, and scientific research markets. “We’ve achieved over $500 million of bookings on only $160 million of capital raised prior to this Series C. In an industry known for its capital intensity, we are proud of our capital efficiency,” said co-founder and COO Alex Greenberg. “Right now we’re really focused on profitability and getting the business to sustainability.”
Share this post