E-Space

E-Space

Deploys affordable satellite systems for data insights

About E-Space

Simplify's Rating
Why E-Space is rated
A
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Data & Analytics

Social Impact

Aerospace

Company Size

51-200

Company Stage

Seed

Total Funding

$48.6M

Headquarters

Toulouse, France

Founded

2021

Overview

E-Space focuses on deploying small, easy-to-install devices that can be tracked and connected globally. Their main product, the E-Space LEO platform, utilizes Artificial Intelligence to enhance data from these devices, providing insights and automation that improve upon traditional IoT capabilities. E-Space differentiates itself by redesigning spacecraft and satellite systems to lower costs, making space technology more accessible to a wide range of clients, including governments and businesses. The company is committed to sustainable practices and aims to lead in the design and deployment of eco-friendly satellite constellations, using the data from their systems to inform decisions that protect the environment. Their revenue comes from selling satellite systems and the data services they provide.

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Simplify's Take

What believers are saying

  • Growing demand for satellite IoT solutions positions E-Space for market leadership.
  • Integration of 5G NTN technology enhances E-Space's connectivity and service offerings.
  • Expansion in Europe provides access to skilled workforce and collaboration opportunities.

What critics are saying

  • Increased competition from European startups may challenge E-Space's market position.
  • Potential IP disputes from integrating CommAgility's 5G NTN source code.
  • Regulatory hurdles in Bahrain could impact the Beyon partnership's success.

What makes E-Space unique

  • E-Space offers a sustainable LEO satellite network for real-time IoT services.
  • Their AIoT platform optimizes data for actionable insights beyond traditional IoT capabilities.
  • E-Space's redesign of satellite systems significantly reduces costs, making space tech more accessible.

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Funding

Total Funding

$48.6M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$50M
E-Space

Benefits

Competitive salaries

Continuous learning and development

Health and wellness care options

Financial solutions for the future

Optional legal services

Paid holidays

Paid time off

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

8%
Castle Placement
Oct 30th, 2024
Top 10 Aerospace and Defense Capital Raises in the U.S. - October 1st-15th, 2024

Valinor, developer of a go-to-market engine designed for technologists building products for defense, raised seed funding from General Catalyst, Founders Fund and Red Cell Partners.

EIN News
Oct 7th, 2024
5G NTN Market Size Expansion to Drive Significant Revenues in the Future | Nokia, Intelsat, Spirent Communications

With the acquisition, CommAgility's specialized 3GPP 5G NTN (Non-Terrestrial Networks) source code was integrated into E-Space's vertically integrated capabilities, which allowed E-Space to innovate more quickly in the areas of 5G NTN, 5G-Advanced, and 6G, as well as more quickly develop satellite payloads and customer use cases and continuously improve its space-based connectivity solutions.

EU-Startups
Jun 10th, 2024
Beyond Earth: 10 European Startups Leading The Space Tech Revolution

The dynamic and rapidly evolving nature of space technology demands continuous innovation. As such, startups are uniquely positioned to bring fresh ideas and agile solutions to the table. Their involvement not only accelerates technological progress but also drives competition, fostering an environment of creativity and collaboration. Across Europe, pioneering startups are leading this transformation, introducing groundbreaking solutions that redefine our approach to space technology. These emerging companies are not just innovators but are crucial in setting new standards for how we explore and utilize space to create a sustainable future. For this article, we delved into this exciting sector to curate a list of 10 promising startups driving space technology innovation and contributing to a greener, more connected planet

Fast Company
May 2nd, 2024
From telecom to tech, with global expansion

Early last year, to maximize the end-user value derived from borderless smart connectivity and digital solutions across land, sea, and sky applications, e& and E-Space, a global space company, partnered to develop advanced global IoT, Smart-IoT, and digital transformation solutions.

The Dallas Morning News
Apr 24th, 2024
Arlington lands three company headquarters in a single night

E-Space will also receive $50,000 for hiring grants and rebates of 50% of taxes paid on business personal property in 2025 and 2026.

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