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§ Private Profile · Epoo, Southern Finland, Finland
Finnish space tech develops propulsion systems, plasma brakes for small satellites, enabling orbit control and deorbiting.
Aurora Propulsion Technologies is an Espoo, Finland-based aerospace company that develops and manufactures scalable propulsion systems and plasma brakes for small satellites. The organization operates a B2B hardware model, supplying proprietary satellite components that enable precise attitude control, orbit adjustments, and safe end-of-life deorbiting to mitigate space debris. Operating with a workforce of fewer than 50 employees, the enterprise secured €1.7 million in seed funding during 2020 to scale its commercial manufacturing capabilities. The company is backed by institutional investors including Practica Capital and Tesi, and it has established strategic launch and technology partnerships with Rocket Lab and Rocket Factory Augsburg. In 2022, the firm successfully deployed its AuroraSat-1 technology demonstration satellite into low Earth orbit to validate its proprietary systems. Aurora Propulsion Technologies was founded in 2018 by Roope Takala and Perttu Yli-Opas.
Aurora Propulsion Technologies has raised $2.0M across 1 funding round.
Aurora Propulsion Technologies has raised $2.0M in total across 1 funding round.
Aurora Propulsion Technologies has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 17, 2021 | $2M Seed | Practica Capital | Tesi, The Flying Object | Announced |
Aurora Propulsion Technologies has raised $2.0M in total across 1 funding round.
Aurora Propulsion Technologies's investors include Practica Capital, Tesi, The Flying Object.