The company says it is building a new cost-efficient model for LEO (Low-Earth Orbit) satellite broadband communications.
The funding includes new investment from existing investors, including lead investor ATW Partners. It also includes previously announced strategic investment from Kongsberg Defence & Aerospace.
“We’re not just building momentum – we’re earning trust,” said Massimiliano Ladovaz, CEO of SpinLaunch, above. “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.”
SpinLaunch says it is advancing toward its first customer link in the second half of 2026. The latest funding will accelerate its go-to-market efforts.
Testing
SpinLaunch recently completed full-scale testing of its proprietary multi-band reflectarray antenna. It describes this as a key feature enabling the constellation’s ultra-low capex design.
Unlike conventional satellite antennas, the reconfigurable reflectarray antenna offer a more compact, energy-efficient, and scalable solution for LEO networks, says the company.
“Validating our reconfigurable reflectarray antenna through full-scale testing confirms we can deliver multi-band capability without the cost and complexity of traditional designs,” said David Wrenn, Chief Innovation Officer at SpinLaunch. “This is a critical step toward the development of the Meridian Space constellation and achieving both our technical and operational objectives.”
Back in April, the company secured $12m investment from Kongsberg Defence & Aerospace, to support the commercialisation of Meridian Space. This is SpinLaunch’s own low-earth orbit (LEO) satcom constellation.
Kongsberg owns NanoAvionics, and that company is the exclusive satellite supplier for an initial tranche of 280 satellites.
“The Meridian Space solution, supported by Kongsberg, will offer significantly higher broadband capacity in a satellite constellation compared with what is available on the market today,” said Eirik Lie, President of Kongsberg Defence & Aerospace.
“Kongsberg’s decision to partner with SpinLaunch reflects our belief in their innovative approach to satellite communications.”
Orbital Launch
The SpinLaunch Orbital Launch System will enable a new way to reach space, says the company.
Its location is Spaceport America, New Mexico. And the 33-meter Suborbital Accelerate is described as the largest span vacuum chamber ever built. It is capable of launching test payloads from 800 to 5,000 mph.
The Orbital Accelerator will accelerate a launch vehicle containing satellites up to 8,000 kph using a rotating carbon fiber arm within a 100-meter diameter steel vacuum chamber.
“By doing so, up to 70 percent of the fuel and structures that make up a typical rocket can be eliminated. After ascending above the stratosphere, a small, inexpensive propulsive stage provides the final required velocity for orbital insertion and positioning,” writes the company.
SpinLaunch CEO
The company CEO, Massimiliano Ladovaz, is former CTO of OneWeb and COO of Eutelsat.
Former CEO David Wrenn became Chief Innovation Officer in July 2025.
Images: SpinLaunch
See also: Muon Space raises $146m Series B to expand satellite production
