Portugal’s Neuraspace lands €15.6 million to protect satellites and bolster Europe’s space domain awareness

Neuraspace, a Coimbra-based space and defence company, has secured €15.6 million in new financing to bolster Europe's space domain awareness and protect satellites. The funding, which includes strategic private investment from Lince Capital, Explorer Investments, and Armilar Venture Partners, as well as funding awarded under Portugal’s Recovery and Resilience Plan (PRRP), will support Neuraspace's expansion and growth.

The company's AI-enabled Space Domain Awareness (SDA) and Space Traffic Management (STM) solutions cater to commercial, institutional, and governmental customers worldwide, addressing the increasing challenges posed by a congested, contested, and competitive space environment. Neuraspace's platform combines data from commercial and sovereign sensors with high-precision orbit determination, AI-enabled risk and threat assessment, and autonomous decision support, enabling customers to detect, assess, and respond rapidly to both routine operational events and emerging threats.

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