Neuraspace, the Portuguese space traffic management startup, announced 15.6 million euros ($18 million) in fresh funding Aug. 5 to expand European space domain awareness (SDA) and defense capabilities.
The financing comprises a six million euro Series B round from venture capitalists and 9.6 million euros from Portugal’s Recovery and Resilience Plan, an EU-backed national program created in response to the COVID-19 pandemic.
A Neuraspace spokesperson said the public funding will directly support NeuraspaceDEF, an AI-powered, dual-use SDA platform for government and defense users.
Neuraspace’s software combines data from public catalogs, ground-based telescope partners and its own optical sensors to improve satellite tracking. The company aims to provide operators with near-real-time orbital information, collision alerts and maneuver guidance, while supporting government and defense users with anomaly detection, threat assessment and autonomous decision-making tools.
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