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Project-S is building the safety layer for the orbital economy

A European space-technology company connecting radar payloads, orbital intelligence, safer decisions and long-term remediation.

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The news

Project-S is stepping into public view with a mission to safeguard space access and exploration. The Munich-headquartered company is developing space-based radar payloads and AI-enabled orbital-intelligence systems intended to improve the detection and tracking of smaller orbital debris and support safer satellite operations.

Why now

ESA estimates that roughly 1.2 million debris objects between 1 and 10 centimetres are already in Earth orbit. At orbital speeds, centimetre-class objects can cause catastrophic spacecraft damage.

The end-to-end roadmap

• Develop a future space-based sensing layer for smaller orbital threats.
• Model trajectories and conjunction risk through better orbital information.
• Support safer collision-avoidance decisions.
• Build toward long-term remediation as part of one integrated architecture.

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Backing: Project-S enters this public phase with multi-million-euro backing led by Uni.Fund II, complemented by German federal, Bavarian and ESA-linked public innovation support. Exact financial terms are not disclosed.

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Evidence behind the vision: The team has already taken compact radar technology-demonstration hardware from design through assembly, testing and delivery. Further evidence from the ATLAS III programme will follow in the next phase of the launch campaign.

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Investor quote

"Space has quietly become critical infrastructure — for communication, navigation, security and climate — but the safety layer to protect it barely exists. That gap is exactly what we look to back. Project-S pairs real technical depth with rare speed: a lean team that has already taken radar hardware from design to delivery. We led this round because we believe this capability should be built in Europe, and that Leonidas and his team are the ones to do it. We're proud to support their mission to keep space safe and open for the generations to come." — Dora Trachana, Partner at Uni.Fund VC

At a glance

Reporting angles

• Small-debris detection and Space Situational Awareness.
• European strategic capability and orbital resilience.
• Radar technology, AI-enabled orbital intelligence and decision support.
• An end-to-end architecture rather than another isolated space-data tool.
• Interview with founder and CEO Leonidas Askianakis.

Direct media pitch