Bulgarian satellite firm EnduroSat is negotiating a fresh $200 million Series C round, just over six months after closing a $104 million deal in October. Eight insiders told Sifted the company is sharpening its valuation, eyeing a larger share of the growing space‑tech market, to support its next‑generation constellations and data‑intelligence services in regions like Europe and the Middle East and to outpace rivals in the sector.

The move follows a surge in investor appetite for space‑orbit solutions, as governments and telecom giants push for resilient infrastructure. EnduroSat’s platform, which blends low‑earth orbit satellites with edge computing, attracted the $104 million tranche from a mix of venture funds and strategic partners. These funds aim to accelerate constellation deployment and improve data throughput for services.

A $200 million raise would raise EnduroSat’s valuation to roughly $800 million, positioning it among the top private space‑tech outfits in the region. Analysts note that the capital could fund satellite manufacturing, launch contracts, and software upgrades, helping the company meet growing demand from defense and commercial customers in the near term, ensuring their services remain competitive.

Venture firms eyeing the round include several European funds that previously backed EnduroSat, while new entrants from the U.S. are also showing interest. The timing aligns with regulatory shifts that ease satellite licensing in the EU, potentially opening new markets for the company’s cost‑effective orbital solutions and drive revenue growth through expanded customer bases globally.