European Investor Panel Names Neuraspace “Tech Tour Space 2024 Award Winner”

Bod?, Norway, 29 October 2024 – Portuguese NewSpace company Neuraspace, one of the world leaders in space traffic management (STM), is among the six winners of the Tech Tour Space 2024 Award. An expert panel of 38 European investors handpicked the 25 companies pitching for the awards and chose the winners.

Neuraspace, which currently monitors more than 350 satellites through its STM Platform, won the Space Communications in Orbital Operations category.

Held in Bod?, Norway, Tech Tour Space 2024 brought together investors and space industry experts to meet Europe's most promising innovative companies.

The six companies received their awards “for their outstanding presentations, recognising their groundbreaking contributions”.

Carlos Cerqueira, Neuraspace's business development director, who presented the company at the event, said: “The jury recognised Neuraspace for its proprietary artificial intelligence (AI) and machine learning (ML) technology, which makes it possible to predict and manage space traffic in an automated and efficient way, its strong market presence, and for its high customer satisfaction.

“This award is the corollary of the work of a team of around 30 people and the unequivocal support of our investors and the PRR's Mobilising Agenda. Together we were able to stand out among a panorama of highly innovative companies that are exploring the aerospace market worldwide.”

The other five winners are: Atmos Space Cargo, deltaVision, Kuva Space, Sofant Technologies, and Spectrum Blue.

– ENDS –

Note to editors

For more information, please contact [email protected] or call Harry Pirrwitz at +49 (0)176 45996687.

###

About Neuraspace

Founded in 2020, Neuraspace is a Portuguese company that provides solutions and services for more than 300 commercial satellites with established operators in the market to make space safe.

Neuraspace offers automated real-time space traffic management, a software routine to support space missions and resilient mission design, focusing on sustainability, using artificial intelligence and machine learning to process data. The company's SaaS platform facilitates the automation of processes and provides valuable information for coordination between satellite operators, while its Data-as-a-Service product offers situational awareness of space.

Neuraspace has raised 2.5 million euros from Armilar Venture Partners and a further 25 million euros for sensor infrastructures and its growth strategy with the support of the Recovery and Resilience Plan.

To find out more, visit www.neuraspace.com ?

---

?

?

?

?

Image credits: ? Neuraspace