Elecnor Deimos and Kreios Space sign an agreement to develop the world’s first satellite for Very Low Earth Orbits

Flight Systems, Satellite Systems, Space

Both companies announce a Memorandum of Understanding to jointly develop and commercialize the world’s first commercial satellite designed to operate indefinitely in Very Low Earth Orbits (VLEO). Kreios Space is a Spanish startup that is developing an innovative electric propulsion system for satellites based on air-breathing electric propulsion (ABEP) technology. This motor, the first fully…