Daily News – 31 October 2025
About this episode
EnduroSat raises $104M to scale small satellite production in Bulgaria; Altrove secures $10M for AI-designed materials (no rare earth/cobalt) and targets industrial production in France. Europe between space and deep-materials. This episode's main theme is space startups and materials. Central thesis: EnduroSat and Altrove raise significant funds for innovation in space and materials. What are we specifically covering? EnduroSat is a Bulgarian startup working on small satellite production, while Altrove is a company developing AI-designed materials, avoiding rare earth and cobalt use. European perspective: Europe is investing in space technologies and innovative materials, positioning itself as a key player in these emerging sectors. Strategic implications: Strategic investments in space tech and sustainable materials. Key players: EnduroSat, Altrove.
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Main news
Startups mentioned
Altrove
Altrove combines proprietary AI, automated lab synthesis and self-learning characterisation to cut materials discovery from years to weeks and scale production from grams to industrial volumes.
EnduroSat
EnduroSat designs, manufactures and operates reprogrammable CubeSat nanosatellites, also offering payload-as-a-service and complete solutions for commercial and government users wanting space access without developing proprietary hardware.
Why they matter
Investimenti strategici in tecnologie spaziali e materiali sostenibili.