What Happened
Portuguese Startup Expands European Space Domain Capabilities
Neuraspace, a Portuguese space traffic management startup, has raised $18 million in fresh funding to expand European space domain awareness and defense capabilities. The financing will support the development of NeuraspaceDEF, an AI-powered platform for government and defense users. The company’s software combines data from public catalogs, ground-based telescope partners, and its own optical sensors to improve satellite tracking and provide near-real-time orbital information. According to Neuraspace, revenue has grown more than 350% over the past year, with the company currently monitoring over 600 satellites. This development was first reported by SpaceNews.