Despite the challenges of the Corona crisis, Thomas Sinn (front right) and the Dcubed team were able to successfully complete financing.
© Dcubed

Dcubed receives seed funding

The Munich-based 'New Space' startup Dcubed has attracted two investors: High-Tech Gründerfonds (HTGF) and Interlink Ventures (ILV). The amount invested was not disclosed.

Dcubed (registered as Deployables Cubed GmbH) develops and sells actuators and deployable structures for the rapidly growing space market. In the 'New Space,' young companies are increasingly developing new technologies and business models. Even today, tiny satellites, so-called small satellites and cube satellites, are launched into space almost daily. Elon Musk's SpaceX alone launches 60 to 120 satellites per month.

High demand

Due to these developments, there is high demand for satellite components that can store large parts such as solar panels and antennas in a space-saving manner during rocket launch. They can then be reliably deployed in space. Dcubed aims to achieve precisely this with its actuators and deployable structures, cost-effectively and flexibly, even for small satellites. To achieve this, the Munich-based company is using new manufacturing methods such as 3D printing. This enables the startup to develop innovative products that meet the needs of New Space customers and are small, user-friendly, quickly deliverable, and cost-effective. This allows large structures such as solar panels or antennas to be deployed in space at the push of a button.

Dcubed has already convinced many international customers

The Munich-based space technology company has already acquired numerous international customers for applications in low-Earth orbit, as well as for missions to the Moon. Among them is the US company Astrobotic from Pittsburgh, USA, which is planning various lunar missions for 2021 and 2023, respectively.

Thomas Sinn, Co-founder and CEO of Dcubed, says:

"We are very pleased to have found important partners in HTGF and ILV who have recognized the potential of 'New Space made in Germany' and are working with us to establish series products in space travel, thus driving forward the development of commercial space travel."

Accelerate space missions

Christian Ziach, Investment Manager at HTGF and himself an aerospace engineer, assesses the startup's development potential as follows:

“Thomas Sinn and his team have an excellent understanding of customers and the market and are extremely adept at addressing the opportunities that arise.”

Guido Grotz, CEO of ILV, adds:

"We were impressed by the expertise and mindset of the Dcubed team. They accelerate space missions worldwide with standardized components. The team ensures that the orbit remains free of debris."

read more ↓