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Enagás and SEPIDES are main investors in SATLANTIS second investment round, accompanied by ORZA, AXIS/ICO and DIPUTACION FORAL DE BIZKAIA

In March 2021, SATLANTIS closed its second investment round of 14 M€, involving public and private venture funds and companies, headed by Enagás – through Enagás Emprende – and by SEPIDES – from SEPI group. These new partners are accompanied by ORZA, AXIS-ICO and Diputación Foral de Bizkaia, SATLANTIS’ investors since 2016.

SATLANTIS, global player in the Earth Observation market for small satellites, counts with a top-level investor group and a distinguished Board of Directors, chaired by Jean-Jacques Dordain, former Director General of ESA.

With this new milestone, SATLANTIS is confirmed as a provider of satellite solutions, focused on environmental challenges like detection of methane and plastic at sea. A transition that makes the company able to cover the entire value chain, connecting a disruptive technology to the end-user needs.

SATLANTIS will offer a very accurate detection (5m) of methane emissions, a performance never before provided via satellite. A technology pioneering project that meets Enagás commitment to achieve zero emissions by 2040 and constitutes, at national and international level, an impulse towards a more sustainable future and an advancement in terms of emissions detection.

The involvement of SEPIDES strengthens Spain public sector and its proximity to Space, as SEPI group is already present in the boards of the most important Spanish Space players and, with SATLANTIS, adds a New Space element to its portfolio.

SATLANTIS represents a perfect combination between public and private investments that impulse the national industry, its innovation and competitiveness, while also reinforce Spain presence at international level, like noted by AXIS-ICO.

At the same time, SATLANTIS proves the excellence of the Basque country industrial base, as confirmed by the partners ORZA and Diputación Foral de Bizkaia.

The second round represents a turning point for SATLANTIS, accompanied by old and new investors, to face new challenges, including the internationalization to countries like United States, United Kingdom and United Arab Emirates.

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