D-Orbit has secured a nearly 2 million euro contract from the European Space Agency to enhance its satellite transportation capabilities, marking a significant development in the Italian space economy.

Information on the Target

D-Orbit is a key player in the burgeoning space economy, which encompasses a wide array of activities such as research, exploration, and monitoring in outer space. The company is engaged in advancing space transportation systems and has recently secured a significant contract with the European Space Agency (ESA) amounting to nearly 2 million euros. This funding is part of the Boost program, aimed at promoting commercial space transportation services throughout Europe.

This contract will cover 80% of the overall budget and is expected to enable D-Orbit to enhance the performance and responsiveness of its Ion Satellite Carrier, while simultaneously reducing operational costs through lean manufacturing principles. D-Orbit exemplifies the new wave of startups that are contributing to the evolution of the space industry, capitalizing on opportunities that arise from technological advancements and increased investment in the field.

Industry Overview in Italy

The space industry in Italy has witnessed remarkable growth and transformation, standing as the third largest contributor to the European Space Agency (ESA), with investments reaching approximately 589.9 million euros. This positions Italy sixth globally, trailing behind countri