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Latitude
Developing a reactive, reliable and cost-efficient microlauncher for the smallsat market
About Latitude
Latitude.eu is a pioneering startup in the space exploration industry, providing dedicated launch services for small satellite operators. The company operates in the rapidly expanding market of smallsats, which are miniaturized satellites with lower production and launch costs. Latitude's business model is centered around its in-house developed engine, Navier, which powers its Zephyr launcher. This engine, a product of French fine art and 3D printing technology, was developed in less than two years and successfully tested in winter 2022.
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Latitude's clients are primarily smallsat operators who require reliable and dedicated launch services to access the space data they need. The company's unique selling proposition is its ability to offer dedicated launches at any time and from any location, providing clients with unparalleled flexibility and convenience.
The company's revenue model is based on providing these launch services to its clients. The development of the Navier engine and the Zephyr launcher, as well as the establishment of a micro-launcher factory, represent significant upfront investments. However, the company expects to recoup these costs and generate profits through the provision of its unique launch services.
Latitude's business is characterized by robust collaborations and a pioneering spirit, as it shapes the future of space exploration. The company's team, which has grown to 67 colleagues, is united in its mission to forge a trail to the stars.
At a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Reims, France
- Employees
- 243
- Open positions
- 15
- Dealroom signal
- 83.8/100
- Sector
- Space, EIC, Space Tech, Industrial Technology, Launch Vehicles, Space Transportation, Esa Bic, ESA, Space Upstream, Industry 4.0: Robotics and IoT, Observatoire Deeptech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Mar 2024 | $2.5M | — | European Innovation Council | — |
| SERIES B✓Equity / VC | Jan 2024 | $30M | $119M | Kima Ventures · Bpifrance · Blast. Club · Crédit Mutuel Innovation | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Latitude is 14K monthly website visits, down 17.6% over the last three months. Latitude's team grew 2.5% over the past year.
Open positions
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Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
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OPUS AerospaceAgile suborbital launch solutions bridging defense and space — unlocking access to the edge of space |
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The Exploration CompanyDemocratises space exploration, for space and non-space industries |
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AldoriaOrbital information system for space situational awareness |
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CailabsPhotonic solutions for space, industry, telecom, and defense |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
UI Investissement
European Innovation Council
Series A10 investors entered at this stage
Crédit Mutuel Equity
Nicomatic
Bpifrance
Groupe ADF
Crédit Mutuel Innovation
Comat Technologies
Expansion Partners
Kima Ventures
Blast. Club
Expansion Ventures
Other known investors8 additional known investors
Cassini Business Accelerator
CASSINI Initiative
ESA BIC Nord France
EUSPA
BLAST
Incuballiance Paris-Saclay
Scal'E-nov
Space Ventures Investors
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Latitude on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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