"Founded in 2019 and based in Helsinki, ReOrbit aims to help countries control their own satellites. According to its CEO, Sethu Saveda Suvanam, it offers a solution to nations that can't build their own satellites but want an affordable alternative to Elon Musk-owned Starlink. Unlike Starlink, which also targets private users and enterprises, ReOrbit wants its clients to have full ownership and sovereignty over their satellites and communications. This means sourcing hardware from trusted sources and controlling it with ReOrbit's software layer."
"This software core, which Saveda Suvanam likens to iOS, can equally drive ReOrbit's geostationary orbit satellite, SiltaSat, and its low earth orbit satellite, UkkoSat. Such flexibility is particularly critical for countries that see the accelerating role of space underpinning their defense, security, and critical infrastructure. That approach has helped the company sign "a full contract worth some hundreds of millions" with one nation and "multiple MOUs" with others, Saveda Suvanam said."
ReOrbit, founded in 2019 in Helsinki, raised a record €45 million Series A to advance sovereign satellite services for nations needing affordable, nation-owned communications. The company supplies hardware from trusted sources and controls systems via a flexible software core likened to iOS, capable of driving geostationary SiltaSat and low earth orbit UkkoSat. The solution emphasizes full ownership and sovereignty over satellites and communications, addressing defense, security, and critical infrastructure needs. The company has signed a full contract worth some hundreds of millions with one nation and multiple MOUs with others. The round will accelerate growth while targeting €1 billion in order books and sales-unicorn status within four years.
Read at TechCrunch
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