Espace

Espace

Deploys satellite systems for data insights

About Espace

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

Industries

Data & Analytics

Aerospace

Company Size

51-200

Company Stage

Seed

Total Funding

$50M

Headquarters

Arlington, Texas

Founded

2021

Overview

E-Space provides space technology solutions by deploying small 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, offering 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 also focused on sustainability, aiming to set standards in the deployment of eco-friendly satellite constellations and using data to inform environmental decisions. Their goal is to provide affordable space technology while promoting responsible practices that benefit the planet.

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Simplify's Take

What believers are saying

  • Integration of 5G NTN source code accelerates innovation in satellite connectivity solutions.
  • Partnership with e& enhances global IoT solutions across land, sea, and sky applications.
  • MOU with Beyon opens new market opportunities in Bahrain, aligning with Vision 2030.

What critics are saying

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

What makes Espace unique

  • E-Space's LEO platform uses AIoT for superior data optimization and automation.
  • The company offers affordable, easy-to-install satellite systems for diverse global clients.
  • E-Space is committed to ESG, focusing on sustainable satellite constellation designs.

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Funding

Total Funding

$50M

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
Espace

Benefits

Health Insurance

Paid Holidays

Paid Vacation

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↓ -2%

1 year growth

↓ -5%

2 year growth

↓ -17%
On Partners
Mar 7th, 2025
Skydio Names New Vice President, Connectivity

Sundar Sankaran appointed as Skydio Vice President, Connectivity.

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.

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