Revolutionizing the Satellite Industry: Kreios Space Secures $2.3 Million in Pre-Seed Funding for Electric Propulsion System Development

Kreios Space is thrilled to announce that we have successfully raised $2.3 million in a recent funding round, taking a significant step forward in our mission to revolutionize the satellite industry. Specializing in advanced electric propulsion systems, we are pioneering technologies that will enable satellites to operate more efficiently in Very Low Earth Orbits (VLEO) using renewable energy sources. Our innovative approach allows for sustainable orbital maintenance and enhances the longevity and functionality of space applications, making orbital operations more accessible and cost-effective for our customers. This funding will facilitate the acceleration of our research and development efforts, empowering us to bring our groundbreaking propulsion systems to market. With the space industry rapidly evolving and expanding, Kreios Space firmly believes that our developments will set new standards in satellite performance and sustainability. By harnessing renewable energy, we are not only improving the operational capabilities of satellites but also committing ourselves to a greener future beyond our planet. We are incredibly grateful for the support from our investors, whose confidence in our vision amplifies our determination to lead the charge in the new era of satellite technology. As we move forward, we are committed to pushing the boundaries of what’s possible in space applications and reshaping the satellite landscape for generations to come. Stay tuned for more updates as we embark on this exciting journey!