Astrolight, a Lithuanian space communications company, secured €2.8 million in seed funding to enhance its laser communication technology connecting satellites with ground systems.

Information on the Target

Astrolight is a Lithuanian space communications company that is poised to revolutionize satellite communication through its innovative laser technology. Founded in 2019 by Laurynas Mačiulis and a team of experts, the company aims to develop an integrated end-to-end laser-based communication platform that connects satellites with ground stations and future space networks. By focusing on the dual-use architecture of its system, Astrolight intends to provide optical communication services that can facilitate both space-to-space and space-to-ground connectivity.

With substantial backing of €2.8 million from prominent investors including Balnord, EIFO, and Coinvest Capital, Astrolight is set to enhance the scalability and security of data transmission from space to Earth. Their goal is to establish an optical backbone network to address the increasing demand for reliable satellite communication as the number of satellites in orbit grows exponentially.

Industry Overview in Lithuania

The space communication industry is experiencing rapid advancements globally, and Lithuania is emerging as a prolific player within the Baltic region. With significant interest and investment in satellite technologies and optical communication, Lithuania's space sector is contri