D-Orbit S.p.A. is going public through a merger with Breeze Holdings Acquisition Corp., valuing the company at approximately $1.28 billion, and aims to enhance its satellite transport and logistics operations.

Target Information

D-Orbit S.p.A. is a prominent Italian company that specializes in space logistics and transportation. The company is recognized for its innovative 'satellite-as-a-service' capabilities, positioning itself as a leader in the market for satellite transport. Formed as a Benefit Corporation, D-Orbit is also the first space company globally to obtain B Corporation certification, highlighting its commitment to creating value for all stakeholders involved. D-Orbit's ION Satellite Carrier platform offers a cost-effective and flexible solution for deploying satellites into orbit efficiently and swiftly.

The ION platform enables the rapid deployment of satellites, significantly reducing the time between launch and revenue generation for clients. It supports multiple satellite constellations in distinct orbits within a single launch mission, lowering costs and improving access to space. Moreover, it enhances clients' satellite constellation optimization by allowing the transportation of satellites to otherwise unreachable orbital positions.

Industry Overview

The space industry in Italy has evolved into a robust sector with strategic contributions from both commercial and institutional players. Italy is home to significant aerospace and satellite companies, playing a pivotal role in