Sofia-based Satellite Developer EnduroSat is Scaling Satellite Production with New Funding and Space Center

EnduroSat, engineering, building, and operating exceptional satellites, led by Raycho Raychev, Viktor Danchev, Yordan Kanchev, Viktoriya Dimov, and others, has secured a $104 million funding round from Riot Ventures, Google Ventures, Lux Capital, European Innovation Council Fund, and Shrug Capital.

The funding also marks the launch of our state-of-the-art Space Center in Sofia, built to meet rapidly accelerating global demand for small and mid-size satellite constellations. Spanning 188,340 square feet, the facility enables production of up to two 200–500 kg satellites per day and includes advanced RF labs, hardware and mechanical labs, ISO-certified clean rooms, and full space-qualification capabilities, delivering unmatched speed, reliability, and cost-efficiency in satellite manufacturing.

The latest investment, paired with the launch of the new Space Center, marks a pivotal milestone for EnduroSat. The milestone validates strong market momentum and significantly accelerates the company’s ability to deliver high-performance, cost-efficient satellite constellations at unprecedented scale, advancing a future in which space data becomes universally accessible and instantly available.