Astrolight, a Vilnius, Lithuania-based house communications firm, raised €2.8M in seed funding.
The spherical was led by Balnord. Different traders included EIFO, Coinvest Capital, and current traders 3NGLS and Rita Sakus.
The corporate intends to make use of the funds to speed up the event of its laser-based end-to-end communication platform that securely connects satellites to Earth.
Led by CEO Laurynas Mačiulis, Astrolight is growing a dual-use communication structure that may deal with each space-to-space and space-to-ground optical hyperlinks, providing optical communication as a service that connects Astrolight’s and different suppliers’ optical terminals with its personal floor infrastructure.
FinSMEs
23/05/2025
