Meta Futura Aerospace Raises £1.8 Million in Venture Capital Campaign
Meta Futura Aerospace, a pioneering company based at the European Space Agency Business Innovation Centre (ESA BIC) at Harwell, Oxford, is gearing up for its first in-orbit test of a technology that promises to revolutionise satellite maneuvering.
The company, co-founded by Fabrizio Pisani, is developing a unique thrust vectoring technology that could enable precise maneuvering in space. This technology allows satellites to perform the work of 16 thrusters with only 2, making it significantly more efficient and cost-effective.
Currently, there are limitations with the systems used to move satellites in space. Existing solutions offer limited capabilities or are overly complex and costly, creating a need for innovative solutions like Meta Futura Aerospace's.
Dr Alice Iles, Head of Tech Acceleration at Meta Futura Aerospace, believes the company is laying a strong foundation to become a leading source for this technology. She expressed her excitement about the opportunity for investors to get on board, as the company is launching a seed fundraising round worth £1.8m.
Meta Futura Aerospace is seeking seed investors with experience in supporting spacetech startups to scale. The team is particularly keen to talk to potential lead investors and has already secured some investment, including pre-seed funding from CDP Venture Capital SGR.
The company is open to supporting University of Southampton researchers or students who want to create a startup at any stage of the process. It's never too early to start a conversation with the Meta Futura Aerospace team for University of Southampton researchers or students.
Interested parties can contact the Meta Futura Aerospace team or book an informal call or meeting with the team through their website. The company is building the most manoeuvrable and agile small satellite in the industry to tackle the problem of moving satellites in space.
The satellite manufacturing market is expected to be worth £44 Billion by 2030, making it an attractive investment opportunity. Meta Futura Aerospace's in-orbit testing is a significant milestone in the development of the company and could potentially change the way satellites are maneuvered in space.
For detailed and accurate insights on Meta Futura Aerospace’s thrust vectoring technology, I recommend consulting official company releases or technical papers from Meta Futura Aerospace directly. The ESA BIC provided £51k equity free funding to Meta Futura Aerospace, demonstrating the potential of their technology. The Turin office of Meta Futura Aerospace is located in the OGR Innovation and Arts hub.
- Meta Futura Aerospace, a company based at the ESA BIC in Harwell, Oxford, is developing a unique thrust vectoring technology to revolutionize satellite maneuvering in space.
- This technology, which allows satellites to perform the work of 16 thrusters with only 2, offers a significant improvement in efficiency and cost-effectiveness.
- Existing solutions for moving satellites in space have limitations, either offering limited capabilities or being overly complex and costly.
- Dr Alice Iles, Head of Tech Acceleration at Meta Futura Aerospace, anticipates the company's potential to become a leading source for this technology.
- Meta Futura Aerospace is currently launching a seed fundraising round worth £1.8m and is seeking seed investors with experience in supporting spacetech startups to scale.
- The satellite manufacturing market, expected to be worth £44 Billion by 2030, presents an attractive investment opportunity for Meta Futura Aerospace's innovative technology.
