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Startup Astrolight Raises €2.8 Million For Satellite Laser Communications

Summary by The Open News
Balnord, an investor in frontier innovation, led the €2.8 million ($3.17 million) venture investment round for Lithuanian optical space communications startup Astrolight. The company aims to vertically integrate its tools and provide optical communication as a service by designing and manufacturing a variety of optical communications technologies for satellites, including ground terminals. In a statement, Astrolight CEO and co-founder Laurynas M…
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The Open News broke the news in on Friday, May 30, 2025.
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