Assembly Line

Italian spacetech SPiN raises €1.6 million to revolutionize space manufacturing

πŸ“… Date:

πŸ”– Topics: Funding Event

🏒 Organizations: SPiN, Galaxia

Space Product and Innovation (SPiN), a leading provider of innovative modular space manufacturing solutions, announced the successful closure of a €1.63 million seed funding round led by Galaxia, the Italian Technology Transfer Hub on Aerospace powered by CDP Venture Capital, together with Obloo Ventures, with participation from Scientifica Venture Capital and Innova Venture. This significant investment will propel SPiN’s mission to revolutionize space manufacturing and democratize access to space.

Based in Frascati, Italy, SPiN stands at the forefront of transforming the aerospace industry with its groundbreaking approach. SPiN addresses these challenges by offering affordable, innovative, and state-of-the-art space manufacturing solutions, transforming satellites into modular systems with their groundbreaking Multipurpose Adapter Generic Interface Adapter, MA61C.

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