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Thorium Space Successfully Closes Funding Round

14:20

Thorium Space Successfully Closes Funding Round
Source: Photo by gevorg ter-manukyan on Unsplash

Polish space technology company, Thorium Space, has successfully closed a new financing round. The funds will support not only ongoing projects with the European Space Agency but also the commercialization of the company’s flagship satellite communication products. At the same time, Thorium is preparing documents for a planned debut on the NewConnect market, expected to be filed later this year.

The round was fully subscribed by existing major investors, underscoring their confidence in the…

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