Tallinn-based space technology company Golbriak Space has raised €4 million in a seed funding round co-led by Join Capital and PhotonVentures, with participation from Takeoff Accelerator, part of CDP Venture Capital’s National Accelerator Network and managed by Plug and Play. The company develops laser communication terminals that enable high-speed optical data transmission between satellites and other space-based platforms. The funding will support the transition to serial production, expand manufacturing capacity and help Golbriak meet growing commercial demand. The company reports having functional products and paying customers, alongside ongoing commercial discussions involving several thousand terminals. Golbriak Space develops...
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