Neuraspace raises $18 million in a Series B round to enhance European space domain awareness and defense capabilities, with funding led by venture capitalists and supported by EU recovery funds.

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The company will use these funds to accelerate the commercialisation of its platform. The platform also automates many of the current manual processes and communications and delivers an end-to-end solution, providing operators with actionable orbital maneuver recommendations to avoid collisions, while delivering valuable insights to various other stakeholders including regulators, insurers and other Space-asset dependent businesses. He added: "To execute on this vision, Neuraspace has the privilege of having Chiara Manfletti leading the team - Chiara is a former Space researcher and advisor to ESA's Director General, having setup and served as the first President of the Portuguese Space Agency." She added: "Neuraspace has the technology and the right strategy to provide satellite operators the solution that will help them unlock the extraordinary value of the New Space economy"