Satellite component manufacturer CubeSpace secures R47m in funding
Venture capital support for the company spun out of the University of Stellenbosch is led by the University Technology Fund and Savant Venture Fund
13 February 2024 - 22:00
CubeSpace, a satellite component manufacturer started at Stellenbosch University, has secured R47m in new funding to expand its operations beyond SA.
The start-up, which has been in the industry for a decade, is a spin-out company of Stellenbosch University. It specialises in altitude determination and control system (ADCS) solutions for more than 150 global clients. ADCS is responsible for maintaining a satellite’s orientation and stability in space...
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