COMPANY ANNOUNCEMENT: Pre-Seed Round for SFDY!

JUST IN CASE YOU MISSED IT: We have closed a seven-figure pre-seed funding round.

The round was led by the Lithuanian state VC fund Coinvest Capital, which is investing in a German company for the first time.

“We’re proud to support Starflight Dynamics in its bold mission to redefine what’s possible in orbit. The company’s focus on building next-generation industrial infrastructure in space speaks to a vision that’s both technically ambitious and strategically timely, especially in the field of rare materials production, a critical element in multiple advanced industries and major geopolitical tensions around supply. We believe that their commitment to cutting-edge engineering, combined with a focus on sustainable, scalable solutions, positions the company to address some of the most complex challenges of the space environment. This is the kind of forward-thinking venture we look for – where deep tech meets real-world impact, and new frontiers in space are opened for Lithuanian and European industrial and strategic future.”

said Viktorija Trimbel, Managing Director of Coinvest Capital.

In addition to Coinvest Capital, various experienced business angels, including the founding members of the Space & Defense Committee of the European Business Angel Network (EBAN), are also involved.

MILESTONE PRE-SEED:

This pre-seed round marks a key inflection point for us: The participation of institutional investors signals strong confidence in advanced manufacturing and dual-use space technologies as a compelling and timely opportunity.

This coincides with several other developments that are now transitioning into contracts. [More on that soon.]

THE FRESH CAPITAL WILL BE USED TO:

— Advance several prototype demonstrators

— Improve the company’s lab infrastructure

— Strengthen and expand the team through critical hires

— Prepare the company’s strategic pathway in a rapidly shifting market environment

More information on upcoming projects and next steps very soon.

See you up there! Your STARFLIGHT DYNAMICS Team