EnduroSat raises US$104 million to scale satellite production

EnduroSat, a Bulgaria-based satellite manufacturing company, has secured US$104 million in a funding round led by Google Ventures and Lux Capital to expand its modular small- and mid-satellite production. The investment will fund a new 188,340-square-foot space-centre in Bulgaria capable of building up to two satellites per day and servicing over 350 global customers. The platform allows rapid assembly and mission-integration compared with traditional timelines. The round underscores rising demand from governments and commercial firms for Earth-observation and connectivity infrastructure.