Spinlaunch raises $30 million for its Meridian broadband satellite constellation

The Spinlaunch prototype launcher
Spinlaunch, the startup that began by proposing launching payloads into space using a giant vertically oriented spinning centrifuge (as shown to the right), has now raised $30 million in private investment capital for its proposed Meridian broadband satellite constellation, designed to compete directly with Starlink and Kuiper.
The funding includes new investment from existing investors, including lead investor ATW Partners, as well as the previously announced strategic investment from Kongsberg Defence & Aerospace.
Kongsberg had previously invested $12 million, and is building 280 micro-satellites for this constellation.
It is very unclear from the press release when Spinlaunch will launch its first satellite, though it claims its “first customer link” will take place in second half of 2026. Considering the level of blarney the company exhibited in its initial spin-launch concept, we should remain very skeptical about its satellite constellation claims. Though the company has signed a deal to build a full scale spin launcher in Alaska, it increasingly appears it is shifting its effort from that to satellites.
The Spinlaunch prototype launcher
Spinlaunch, the startup that began by proposing launching payloads into space using a giant vertically oriented spinning centrifuge (as shown to the right), has now raised $30 million in private investment capital for its proposed Meridian broadband satellite constellation, designed to compete directly with Starlink and Kuiper.
The funding includes new investment from existing investors, including lead investor ATW Partners, as well as the previously announced strategic investment from Kongsberg Defence & Aerospace.
Kongsberg had previously invested $12 million, and is building 280 micro-satellites for this constellation.
It is very unclear from the press release when Spinlaunch will launch its first satellite, though it claims its “first customer link” will take place in second half of 2026. Considering the level of blarney the company exhibited in its initial spin-launch concept, we should remain very skeptical about its satellite constellation claims. Though the company has signed a deal to build a full scale spin launcher in Alaska, it increasingly appears it is shifting its effort from that to satellites.