Ibadan, 3 October 2024. – Leanspace has won the France 2030 “UMBRELLA” Project, valued at €10.5 million, along with partners CySec and Constellation Technologies & Operations (CTO). The “Umbrella” project aims to address the growing complexity of small satellites, a clear trend of the post-Newspace era fueling the space industry’s growth.
The investment enjoys support from the French government, potentially positioning Leanspace as the critical infrastructure to manage large-scale, dynamic, and highly secure satellite constellations and boosting France’s role as a major supplier of space technology.
With this €10.5 million project, Leanspace demonstrates its capability to take on large-scale, government-backed initiatives. Furthermore, already flight-proven for small satellite missions these offerings help Leanspace enter the league of high-end, mission operations software suppliers, consequently competing with the few providers that can address the unique requirements of complex space systems. As a result, in Europe, governments and enterprises will now have a new sovereign offering to operate their future satellite missions, without depending on non-EU suppliers for modern and cloud-native systems.
Following success with its US customers and the recent release of an ITAR-compliant offering, Leanspace has also announced plans to establish its US office later this year, bringing its technologies to address complex missions to the American market. This expansion into the US market underscores Leanspace’s growing global presence and its readiness to serve complex missions for commercial and governmental clients on an international scale.
Speaking about the contract, Guillaume Tanier, CEO & Co-founder at Leanspace, said, “This France 2030 funding will propel us to new heights, reinforcing our technology to address highly complex, large-budget satellite programs. I am grateful to the French government for its unwavering support in making Leanspace a global space tech leader.”