Meta Futura Aerospace Secures £1.8 Million in Fundraising Effort
In an exciting development for the burgeoning space economy, Meta Futura Aerospace, a startup co-founded by University of Southampton graduates Fabrizio Pisani and Pedro Rodríguez López, has announced a £1.8m seed fundraising round. The company, based at the European Space Agency Business Innovation Centre (ESA BIC) at Harwell, Oxford, is poised to revolutionise the satellite manufacturing market with its ground-breaking thrust vectoring technology.
Meta Futura's innovative solution aims to empower current missions with their full potential while paving the way for the future of the space economy. The technology allows satellites to perform the work of 16 thrusters with only 2, offering a significant reduction in complexity and cost. This breakthrough could revolutionise conventional systems that offer limited capabilities or are overly complex and costly.
The ESA BIC provided £51k equity-free funding to Meta Futura Aerospace, recognising its potential to become a 'go-to' source for its technology. Dr. Alice Iles, Head of Tech Acceleration, expressed her support for the company's growth. Fabrizio Pisani, co-founder of Meta Futura Aerospace, expressed delight about the funding round and the upcoming in-orbit testing. The company has already secured some investment and is particularly keen to talk to potential lead investors.
The satellite manufacturing market is expected to be worth £44 Billion by 2030, with over 60,000 active satellites in space. Meta Futura is building the most manoeuvrable and agile small satellite in the industry, positioning itself at the forefront of this growing market.
Interested seed investors can contact the Meta Futura Aerospace team here to start the conversation. Researchers or students at the University of Southampton can also book an informal call or meeting with the team by clicking here. The University of Southampton's website team offers support for researchers or students who want to create a startup at any stage of the process.
Meta Futura has successfully tested its satellite mobility solution in microgravity environments in the UK and at ESA/ESTEC facilities. The company is now preparing for its first in-orbit test of its technology. As the space economy continues to expand, Meta Futura Aerospace is seeking seed investors with experience in supporting spacetech startups to scale.
With its innovative thrust vectoring technology and strategic partnerships, Meta Futura Aerospace is well-positioned to empower current missions and enable the future of the space economy. As the company prepares for its first in-orbit test, the future of satellite manufacturing looks set to be transformed.
- The space-and-astronomy sector is set for significant growth, with the satellite manufacturing market projected to reach £44 Billion by 2030 and over 60,000 active satellites in space.
- Meta Futura Aerospace, a Venture co-founded by University of Southampton graduates, is aiming to revolutionise this market with its thrust vectoring technology.
- With this ground-breaking technology, Meta Futura's satellites can perform the work of 16 thrusters with only 2, offering a reduction in complexity and cost.
- The European Space Agency Business Innovation Centre (ESA BIC) has recognised Meta Futura's potential, providing £51k equity-free funding and expressing support for the company's growth.
- Interested seed investors can contact Meta Futura Aerospace to start discussions, while researchers or students at the University of Southampton can book an informal call or meeting with the team.
- As Meta Futura prepares for its first in-orbit test of the technology, it seeks seed investors with experience in supporting spacetech startups to scale and enable the future of the space economy.
