The fresh capital includes new commitments from existing investors, led by ATW Partners, and follows the previously announced strategic investment from Kongsberg Defence & Aerospace.
SpinLaunch chief executive Massimiliano Ladovaz said the funding demonstrated growing confidence in the company’s vision, saying, “We’re not just building momentum we’re earning trust.”
“From technical milestones to collaboration with early adopters, the continued backing of insiders and partners like Kongsberg underscores the credibility of our approach and the progress we’ve made,” Ladovaz added.
The new funds will support go-to-market efforts and advance the company’s timeline to connect its first customer link in the second half of 2026.
SpinLaunch says early commercial interest reflects demand for a cost-efficient, open-architecture low-Earth orbit (LEO) satellite communications system designed to deliver flexibility, seamless integration and long-term value.
Kongsberg Defence & Aerospace president Eirik Lie said the investment aligned with Kongsberg’s commitment to next-generation satellite technologies.
“We chose to partner with SpinLaunch because we saw a bold vision backed by a uniquely capable team,” Lie said.
Lie added, “This investment reflects our shared belief in their ability to deliver a new model for satellite communications through the Meridian Space constellation. SpinLaunch is building a platform with global relevance and we’re proud to support them as they move from technical validation to commercial momentum.”
As part of its next phase, SpinLaunch has completed full-scale testing of its proprietary multiband reflectarray antenna, a breakthrough it says, which underpins the constellation’s ultra-low capital expenditure model. Unlike conventional satellite antennas, which can be bulky, expensive and energy-intensive, the reconfigurable reflectarray antenna is compact, efficient and scalable for LEO networks.
“Validating our reconfigurable reflectarray antenna through full-scale testing confirms we can deliver multiband capability without the cost and complexity of traditional designs,” SpinLaunch chief innovation officer David Wrenn said.
“This is a critical step toward the development of the Meridian Space constellation and achieving both our technical and operational objectives,” Wrenn said.
Founded in 2014 and headquartered in Long Beach, California, SpinLaunch has developed new approaches to both launch technology and satellite communications. In 2025, the company unveiled Meridian Space as a next-generation platform designed to reduce the cost and complexity of deploying satellite infrastructure.