Celestia Aerospace closes €100 million seed round with London-based Invema LTD

Invema Group LTD, with headquarters in London and international offices in Arizona (USA), Miami (USA), Toronto (Canada), Bogotá
(Colombia), Casablanca (Morocco), Tunis (Tunisia), Riyadh (Saudi Arabia) and Dubai (United Arab Emirates), invests 100 million euros in the orbital solutions company Celestia Aerospace located in Barcelona.

With this investment round, Celestia Aerospace launches a nanosatellite production center (low-mass satellites – from 1 to 10 kg – and small dimensions – a cube measuring 10 centimeters per side), for the creation of Earth Observation and Secure Communications constellations, among other applications. The production plant applies lean-manufacturing concepts typical of the automotive industry and will have a final production capacity of up to 100 units per year. The production center is complemented by the launcher development center and the operations center for Sagittarius, a pioneering launch system dedicated to delivering nanosatellites to orbit: both those developed by the company itself and also by third parties. The facilities will be located in Spain.

Celestia Aerospace is thus committed to a 360º turnkey service, which covers all phases of the
life cycle of nanosatellites, from their design and manufacture, to their launch and operation,
thus offering a unique comprehensive service in the aerospace industry.

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