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Go to market for the first European ITAR free modular micro control moment gyroscope actuator enabling 10x more in-orbit agility to small satellites ranging from 50kg to 300kg

VEOWARE SPACE aims to launch its innovative microCMG actuator technology for satellites in orbit to enhance maneuverability and market readiness by 2023.

Subsidie
€ 1.510.469
2022

Projectdetails

Every day, satellites help Europe to respond better to new global and societal challenges: climate change, disaster management, security threats, migration, farming, transport, or energy.

Introduction

To accomplish their mission, satellites need actuators to manoeuvre (i.e. change their orientation) and point towards the necessary targets on Earth (e.g. to collect imagery or simply to communicate).

Technology Overview

Our company, VEOWARE SPACE, has developed an innovative next-gen space actuator technology enabling satellites to manoeuvre 10 times faster to boost their effectiveness. Our solution is a Control Moment Gyroscope, the microCMG.

Testing and Qualification

VEOWARE’s technology has been fully tested and qualified on the ground. However, to ensure product viability, customers require an in-orbit demonstration.

Project Goals

This project aims at bringing VEOWARE to market with:

  1. A first flight in orbit.
  2. The scaling up of the sales team to prepare for serving customers by 2023.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 1.510.469
Totale projectbegroting€ 2.419.875

Tijdlijn

Startdatum1-4-2022
Einddatum31-10-2023
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • VEOWAREpenvoerder

Land(en)

Belgium

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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