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Pave Space raises $40M to hasten satellite deployment

Pelican Press

By Pelican Press,
in World News

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As part of its mission to develop a new generation of spacecraft aimed at moving satellites rapidly between orbits, Pave Space has announced that it has raised $40m to develop a spacecraft designed to move satellites beyond low Earth orbit (LEO) and cut satellite deployment times from months to hours. Pave Space was founded in Lausanne, Switzerland in 2024 by CEO Julie Böhning and CTO Jérémy…

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