Space Logistics Specialist Secures Investment to Expand Orbital Services
D-Orbit, an Italian space logistics specialist, has secured $124 million in the first closing of a Series D investment round announced Jan. 22. Breaking News reports that the funding will be used to drive strategic acquisitions and accelerate the build-out of its orbital logistics infrastructure. According to SpaceNews, the company plans to expand its in-orbit transportation services, scale industrial capacity for ION missions, and advance new operational capabilities.