Dauria Aerospace

The company's business model centered on producing small satellites, weighing between 10 and 100 kg, and their components for various applications. It aimed to serve a global clientele with services like Earth observation, maritime surveillance, and machine-to-machine communications. Revenue streams were anticipated from the sale of these satellites, components, and the data services they provided, with applications in agriculture, disaster prevention, and resource management. The company secured approximately $20 million in funding from investors including I2BF Global Ventures, Rusnano, and VEB Ventures. It also established international offices in Munich, Germany, and at NASA's Ames Research Park in Mountain View, California, to foster global collaboration.

Dauria Aerospace developed several satellite designs, including the Perseus series for maritime surveillance and Earth imaging, and the Auriga for multispectral imagery. A notable achievement was the successful launch of two Perseus-M maritime surveillance satellites in June 2014. These satellites were later sold to the US startup Aquila Space in a deal valued between $4.35 million and $6 million. The company also had a contract with the Russian state space agency, Roscosmos, to build two MKA-N satellites. However, a launch failure in 2017 led to the loss of these satellites and a subsequent lawsuit from Roscosmos, which significantly strained the company financially. Facing mounting legal and financial pressures, Dauria Aerospace filed for bankruptcy in 2020 and ceased operations.