ALL.SPACE, a company specializing in advanced connectivity solutions, has announced a €44 million fundraising round led by BOKA GROUP, bringing the total investment raised to €127.5 million. The company develops communication technologies aimed at providing resilient and uninterrupted connections in complex environments, particularly for the defense, aerospace, and government sectors.
Multi-Orbit Technology for Critical Communications
ALL.SPACE offers a simultaneous multi-orbit, multi-network connectivity solution designed to provide continuous communication across land, sea, air, and space environments. This technology is designed for sectors with critical communication needs, particularly where interruptions could have significant consequences.
Fundraising and Development Strategy
The recent €44 million fundraising round was led by BOKA GROUP, with participation from investors such as Seraphim Space, AE Ventures, and Promus Ventures. The funding will support the commercial launch of a new satellite terminal, a key product in the company’s next phase of development.
Since its inception, ALL.SPACE has raised €127.5 million. These funds enable the company to move forward with its projects aimed at improving connectivity in environments where resilient communication is critical.
Paul McCarter, CEO of ALL.SPACE, said:
“This fundraising round reflects our investors’ confidence in our technology and its role in addressing the growing need for continuous and reliable communication in the defense and aerospace sectors.”
Markets and Applications
The connectivity solutions developed by ALL.SPACE are intended for several key sectors, including:
- Defense: ALL.SPACE’s communication solutions are designed to meet the need for resilience in complex military operations.
- Aerospace: Their technology provides continuous connectivity for airborne and space missions.
- Government operations: Governments use this technology to ensure the continuity of communications in remote and challenging environments.
The company employs 170 people and has already attracted investors such as Boeing HorizonX Ventures and the Future Fund, which participated in previous fundraising rounds.
Next Steps
With this new fundraising, ALL.SPACE is continuing the commercial launch of its satellite terminal and aims to enhance its solutions in environments where reliable connectivity is a fundamental need. The goal is to keep addressing the growing demands for continuous communication in sectors where interruptions can impact the security and efficiency of operations.
