Announcing our Series A round

Involve Space opens its Series A round: paving the way for a new era in Earth observation and space technology
Involve Space is excited to announce the opening of its Series A funding round. With a bold vision to revolutionize Earth observation, flight validation, and scientific research, Involve Space is positioned to scale rapidly, thanks to the success of its cutting-edge technology, its world-class team, and its track record of proven success.
What we do
At Involve Space, we design, build, and operate reusable space balloons, or Stratostats®, that fly between 20 and 40 km above Earth's surface. These balloons carry smart payloads for real-time Earth observation, enabling high-resolution monitoring of infrastructure, natural disasters, defense applications, and more. Our platforms are capable of performing missions for flight validation and scientific research, offering a cost-effective, fast alternative to traditional satellites. What sets Involve apart is the ability to launch sub-orbit satellites in a matter of hours, as opposed to the months required for a traditional satellite launch. Our technology delivers superior resolution data at a fraction of the cost and can capture imagery without the long wait time for satellite revisits. This opens up a world of possibilities for industries that require real-time, high-resolution data, whether it’s for monitoring critical infrastructure or tracking the impacts of natural disasters.
Proven success
Since our inception, we have successfully completed over 30 commercial missions and 200+ test flights. Our team includes experts with deep experience in space technology, telecommunications, and scientific research, helping drive our vision forward and establish us as a leader in the space sector. Our key team members include:
- Alastair Westgarth – Former CEO of Google Loon
- Courtney Stadd – Former NASA/White House Executive
- Paolo Nespoli – Former ESA Astronaut
- Ettore De Lellis – Former Head of Systems Design at Lilium
Raising capital to scale
With the successful pilot launch from the Houston Spaceport in January 2025 and the ongoing development of our US entity, we are ready to take the next step in our growth. We are now opening our Series A round with a target of €10–12M. The funds raised will be allocated to:
- Industrializing Stratostats and expanding our LoonHive constellation – We aim to scale from launching a single balloon at a time to launching a constellation of balloons, ensuring continuous global coverage.
- Scaling production and operations – With increased production capacity, we will be able to scale our revenue and bring our technology to a broader range of customers.
- Expanding our US presence – Following our successful pilot launch in the US, we are working to establish a permanent base at the Houston Spaceport. This expansion is supported by an EU grant and local partners, including Salvatore Grignano (ex-Italian Trade Agency).
Why invest in Involve Space?
We are looking for investors who are passionate about deep-tech innovation and the dual-use potential of space technology, particularly in the defense, telecommunications, and Earth observation sectors. Our mission is ambitious, and with the support of visionary investors, we are confident we can revolutionize the space industry and bring powerful, real-time insights to Earth’s most pressing challenges.
Insights from our first US mission
For more information on our recent pilot mission at the Houston Spaceport, visit this link to explore detailed insights into the project and our next steps in expanding operations across the Atlantic. Involve Space is pioneering a new era in space-based Earth observation, and we’re just getting started. If you are excited about the future of space technology, now is the perfect time to join us on our journey.

Join us in shaping the future of Earth observation and space technology.