FibreCoat aims to revolutionize the space industry with its patented process that creates lightweight, conductive, and durable coated fibres suitable for harsh environments.
"Space is a rapidly growing sector, and launchers and satellites increasingly need coated fibres to endure harsh conditions," said Dr. Robert Brull, highlighting the significance of FibreCoat's technology in space applications.
Bogdan Gogulan from NewSpace Capital stated, "Space and terrestrial supply chains are converging," showcasing FibreCoat's potential to solve critical challenges across multiple industries.
The funding will enable FibreCoat to ramp up R&D activities and scale production to commercialize its innovative fibre coating technology.
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