ClearSpace, a space industry startup founded in 2018 and headquartered in Switzerland, is dedicated to providing in-orbit services aimed at revolutionizing space missions. The company's vision is captured in its slogan, "In-Orbit services to enable a vibrant, resilient & sustainable space industry that benefits everyone." ClearSpace has rapidly expanded to have engineering teams in Switzerland, the UK, Germany, Luxembourg, and the United States, positioning itself as a global player in the industry.
The company's focus on in-orbit servicing (IOS) technologies encompasses a wide range of applications, including disposal, in-orbit transport, inspection, assembly, manufacturing, repair, and recycling. These efforts are designed to support both institutions and commercial operators, facilitating sustainable space operations and contributing to the development of a circular space economy.
On 13 September 2024, ClearSpace secured a notable investment of €2.75M in the form of a grant from the UK Space Agency, underscoring the confidence and support the company has garnered from influential stakeholders in the space industry.
ClearSpace's strategic positioning, commitment to sustainable and dynamic space operations, and the backing of significant investment from reputable sources such as the UK Space Agency position the company favorably for success and influence in the rapidly evolving space and telecommunications industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | €2.75M | 1 | UK Space Agency | 13 Sep 2024 |
Venture Round | Unknown | 1 | Business Angels Switzerland (BAS) | 01 Jan 2024 |
Series A | €26.70M | 7 | 600 T Space Investments | 19 Jan 2023 |
Seed Round | Fr.4.00M | 3 | 30 Jun 2021 | |
Debt Financing | Fr.100.00K | 1 | Foundation for Innovation and Technology (FIT) | 17 Mar 2020 |