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Recently Funded|Amount: USD 4.1M|Industry: Defense and Space Manufacturing

Proteus Space Secures $4.1M Funding to Revolutionize Satellite Design with MERCURY™ Digital Twin System

Proteus Space

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11-50 employees employees (Est.)
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In an exciting development for the space technology sector, Proteus Space has successfully raised $4,099,999 to further enhance its groundbreaking satellite bus design and production capabilities. Renowned for its innovative approach, Proteus Space is leading the charge in revolutionizing how custom satellites are engineered. Central to their vision is the MERCURY™ system—an autonomous Digital Engineering and Digital Twin platform that empowers clients with unprecedented flexibility and accuracy throughout the satellite design lifecycle. With MERCURY™, customers can rapidly model and explore rich trade-space alternatives, effectively mitigating the risk of errors and the need for costly rework. This pioneering system represents the world's first fully autonomous digital engineering solution, fundamentally changing the dynamics of satellite production. The funding will be strategically directed towards expanding research and development efforts, enhancing the MERCURY™ platform, and scaling operations to meet the growing demand for custom satellite solutions in various industries. With the landscape of space technology rapidly evolving, Proteus Space is poised to be at the forefront of this transformation, enabling businesses and organizations to innovate with confidence and adapt their designs seamlessly, ensuring their missions succeed without compromise. As Proteus Space secures this significant milestone in funding, the company is set to embark on an exciting journey that will not only enhance their offerings but also solidify their position as a leader in the satellite engineering domain.
January 9, 2025

Buying Signals & Intent

Our AI suggests Proteus Space may be interested in solutions related to:

  • Satellite Production
  • Spacecraft Systems
  • Technology Program Management
  • Launch Services
  • Advanced Manufacturing Techniques

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