UK space robotics startup Lodestar secures €2.3M Silicon Canals
Summary
Other participants included Charlie Songhurst, Zehan Wang, Mehdi Ghissassi, and the UK Space Agency, which provided non-dilutive funding. The startup provides autonomous, highly dexterous capabilities to inspect, protect, and repair critical assets in orbit. Its technology is designed for the harshness of space, enabling delicate tasks in microgravity, withstanding radiation and extreme temperatures, and maintaining precision. The company collaborates with commercial and government partners worldwide to safeguard the assets crucial to democracies and ways of life. Recently, the team conducted its first zero-gravity test of electrical, mechanical, and vision systems in microgravity with the Aurelia Institute and MIT.
Funding
Amount
$2.5M
Total raised
Date
July 26, 2024
Announcement date
Investors
-
Lead investors
Company
lodestar.com
Funded company
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