French SpaceTech startup ArcSpace secures over €2 million for in-orbit satellite servicing and repair

French SpaceTech startup ArcSpace has secured £2 million in funding to advance its technology for repairing and servicing satellites in orbit. The investment was led by DEPO Ventures, with participation from DEPO Ventures One fund, SCE Freiraum Ventures, IRDI Capital Investissement, and a network of French business angels. ArcSpace's innovative Electron Beam technology allows for direct joining, welding, and cutting on spacecraft, enabling satellite repair even if they were never originally designed for servicing.

This capability significantly reduces space debris and strengthens the resilience of critical infrastructure. The company's technology recently passed rigorous space environmental testing, including high-vacuum conditions and mechanical vibrations. ArcSpace aims to demonstrate its autonomous welding ability aboard a spacecraft by 2027.

With the new funding, the company plans to expand its team, qualify its flight hardware, and prepare for its first demonstration mission in 2027. The ultimate goal is to bring its product to market by 2028. ArcSpace's roadmap includes in-orbit servicing, lunar assembly of large structures, and in-space manufacturing. The European Commission has identified In-Orbit Servicing and Operations as a foundation for Europe's future space economy, with plans for an ISOS Pilot Mission by 2030.

DEPO Ventures emphasizes that ArcSpace is building the breakthrough capability Europe needs to make this vision a reality.