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Neuraspace raises $18 million to expand sovereign space awareness

TAMPA, Fla. — Neuraspace, the Portuguese space traffic management startup, announced 15.6 million euros ($18 million) in fresh funding Aug. 5 to expand European space domain awareness (SDA) and defense capabilities.

The financing comprises a six million euro Series B round from venture capitalists and 9.6 million euros from Portugal’s Recovery and Resilience Plan, an EU-backed national program created in response to the COVID-19 pandemic.

A Neuraspace spokesperson said the public funding will directly support NeuraspaceDEF, an AI-powered, SDA platform for civil and defense users.

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