ORiS Raises €5 Million in Pre-Seed Funding
ORiS, a Turin-based company specializing in laser-based wireless power transmission, has successfully raised €5 million in a pre-seed funding round. This funding aims to enhance the company's ability to extend the autonomy of satellites, drones, and lunar habitats through their innovative power solutions.
Investment Details
The funding round, dated July 21, 2026, was led by Earlybird, with additional participation from Pitchdrive, Galaxia, Vento, and Piemonte Next Fund. This diverse group of investors highlights the growing interest in advanced aerospace technologies that promise to revolutionize power management in space applications.
Founders and Leadership
The company was co-founded by Andrea Villa and Francesco Lopez, who are both actively involved in steering ORiS towards its ambitious goals. The founders aim to leverage this new influx of capital to accelerate the development and deployment of their cutting-edge technology.
Strategic Use of Funds
While specific plans for the use of the funds were not detailed, it is expected that ORiS will focus on enhancing its technological capabilities and possibly expanding its team. The primary goal is to further develop their laser-based power transmission systems, which are critical for supporting longer missions and operations in space.
The Growing Field of Space Technology
As space exploration and satellite operations become increasingly complex, the need for reliable and efficient power sources grows. ORiS's innovative approach to power transmission could play a significant role in addressing these challenges.
With this substantial investment, ORiS is well-positioned to advance its technology and contribute to the future of power management in aerospace. The support from a strong group of investors reflects confidence in the company's potential to make significant impacts in the field.