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SatRev raises nearly PLN 15 mln with new share issuance

17:24

SatRev raises nearly PLN 15 mln with new share issuance
Source: Pexels

SatRev, a Polish space technology company, raised nearly PLN 15 million in a new share issuance, attracting strong market interest with a reduction rate of 86%. Supported by JRH ASI, SatRev plans to enter the NewConnect market, signing a letter of intent with ECL S.A. The company is expanding through ORBITRA HOLDING, combining satellite and drone technologies in partnership with REAKTO.

SatRev is working on international projects, including satellite launches for Oman and South Korea and providing satellite imagery for KOWR over 96,000 km² in Poland, valued at PLN 42 million. Founded in 2016, SatRev specializes in designing and launching nano- and micro-satellites for diverse applications like agriculture, energy, and infrastructure monitoring. The company aims to strengthen its global presence through strategic partnerships and cutting-edge solutions.

(strefainwestorow.pl)

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