D‑Orbit Secures $53M in Funding Round to Expand In‑Space Computing Capabilities

Italian space tech startup D‑Orbit has reportedly launched the first tranche of its Series D round, estimated at $128 million, including approximately $53 million in new funding led by Azimut Group and a $75 million buyout of an existing investor, according to SpaceNews. The funding is expected to support strategic acquisitions and the expansion of the company’s in-space computing and logistics capabilities. D-Orbit previously raised $168 million in its 2024 Series C round, marking continued momentum in the commercial space sector’s latest funding developments.

Strategic Funding Round with Acquisition Focus

The Series D tranche is expected to support D‑Orbit’s planned acquisition of startups and technology teams specializing in space-to-space operations, autonomous navigation, and onboard computing. The move aims to expand the company’s integrated space services portfolio, serving both government and commercial satellite operators worldwide.

In-Space Computing and ISAM Services

D‑Orbit’s flagship product, the ION Satellite Carrier, enables multi-payload deployment and precise orbital delivery. The company is now scaling its in-space computing capabilities, processing data directly onboard satellites to deliver near‑real-time analytics. Additionally, its In-Space Servicing, Assembly, and Manufacturing (ISAM) initiatives include debris mitigation, satellite life extension, and autonomous robotic services — critical for a sustainable circular space economy.

Private Equity and Funding Context

This funding round reflects growing investor interest in space tech startups offering end-to-end solutions from satellite deployment to in-orbit computation. Investors are increasingly drawn to companies with differentiated software-defined space infrastructure and vertically integrated capabilities.

Scaling Production and Workforce

D‑Orbit plans to expand manufacturing facilities near Fino Mornasco, Italy, increasing production of ION carriers and related hardware. The company will also grow its workforce in satellite production, AI engineering, and operations to support its expanded in-space service offerings.

Industry Context and Market Position

The commercial space sector has seen significant capital flows, with startups innovating beyond traditional launch services. D‑Orbit’s funding round positions it to compete for high-value government and commercial contracts and advance its integrated space logistics and computing services.

Outlook

With the Series D funding secured, D‑Orbit is poised to accelerate organic growth and strategic acquisitions, cementing its position as a leading space tech startup. Its focus on in-space computing and ISAM services underscores its long-term potential in a rapidly evolving global space ecosystem.