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Skynopy Lands €15 Million to Disrupt Ground Station Market

Skynopy, a French NewSpace startup providing ground station services for low Earth orbit satellites, has completed a record fundraising round less than 18 months after its creation.

Creds: Skynopy
Creds: Skynopy

With this new €15 million funding round, closed in just one month, Skynopy welcomes funds Alven, Expansion, Omnes and CNES via the SpaceFounders program to its capital. Heartcore, the European fund historically leading Skynopy’s investments, also participated in this round. This investment supports the startup’s ambition to deploy a global network of high-throughput ground stations (S, X and Ka bands), enabling real-time satellite data downlink services—particularly for Earth observation constellations.

Rapid Expansion with High-Throughput Ground Station Network

Founded at the end of 2023, Skynopy offers turnkey, high-speed ground station services (antennas) for satellites that are rapidly deployable and require no heavy upfront investment. Within less than a year, it has added more than 15 antennas to its network, combining third-party ground station integrations and strategic partnerships (AWS, Kinéis) with deployments of its own antennas. This swift execution has enabled Skynopy to catch up with international competitors, who in some cases took nearly a decade to build similar networks. Thanks to its hybrid economic model - combining shared existing infrastructure with proprietary assets - coupled with software orchestration and virtualized modem technologies, Skynopy delivers a service that reduces revisit time to under 20 minutes and doubles the data download volume per satellite pass.

Modular Services That Cut Costs and Boost Efficiency

This unique modular approach allows satellite operators with high data download needs (hyperspectral imagery, video, SAR) to double their image download volume without additional costs. For operators generating smaller data volumes, the startup can halve their data download costs. Additionally, Skynopy is finalizing a significant global agreement with a major industry player, which will be announced in the coming weeks.

Record-Breaking Fundraise to Fuel Global Deployment

To accelerate its growth trajectory and solidify its position among the leaders in the ground segment space market, Skynopy has just completed a €15 million funding round from a group of renowned European investors. The round was completed in less than a month and led by Alven, alongside Expansion, Omnes and CNES via the SpaceFounders program. Heartcore, a pan-European fund already invested in Skynopy, also participated.

Backed by Experts, Built for Speed and Innovation 

“By integrating the best existing infrastructure and focusing on practical, user-oriented value, Skynopy has built—in just a few short months—a service that is already being adopted by strategic clients. We were particularly impressed by the team’s deep technical expertise, sharp commercial understanding of the market, and above all, their remarkable speed of execution. We are confident they have what it takes to become the next global leader in the satellite ground segment”, said François Meteyer, Partner at Alven.

Skynopy’s Vision: Transforming Orbital Connectivity by 2028 

This funding will allow Skynopy to accelerate its commercial deployment, strengthen its technical and marketing teams, and secure the necessary resources to deploy its AKAR project—a unified, high-speed, real-time space network planned for 2028. With this vision, Skynopy aims to fundamentally transform the rules of orbital connectivity.

"This fundraising marks a turning point. In less than 18 months, we have demonstrated that an agile, interoperable, and CAPEX-free model can compete with industry giants. Thanks to our investors' confidence, we will now deploy a large-scale network capable of meeting the growing needs of satellite operators, ensuring both performance and ease of use," concluded Pierre Bertrand, co-founder and CEO of Skynopy.