The Polish company Sybilla Technologies has officially attracted close 35 million zlotys (about 10 million US dollars or 8 millions of euros) to finance its entry into the US market, as well as to the markets of the Middle East and Asia. This investment round was the first external financing in the company's history, which was previously developed at the expense of its own funds (bootstrapping).
The main thing is about the financial round:
Investors: The leading investors were the European venture capital company 3TS Capital Partners and the Polish state bank BGK through its Vinci fund.
Specialization of the company: Sybilla Technologies is based in Bydgoszcz and develops software and autonomous robotic optical observatories for space monitoring and space debris tracking (Space Situational Awareness — SSA).
Strategic plans of the companyExpansion in the USA: The United States market is a key target, as the country has the largest defense and commercial aerospace sector.
Infrastructure scaling: Now the company manages a network of 50 optical sensors on 6 continents. At the expense of funds, it is planned to double the network to 100 sensors. This will allow continuous monitoring 90% with over 40 000 objects in Earth orbit.
Source: https://spacenews.com
