PAVE Space, a Swiss space infrastructure company, has announced $40 million in funding to accelerate the development of a new generation of spacecraft designed for the rapid transfer of satellites between different orbits.

Orbital Transfer Vehicles (OTV)

The company is building a family of orbital transfer vehicles (OTVs) capable of transporting satellites from low Earth orbit (LEO) to high-energy destinations, such as geostationary and lunar orbits, in under 24 hours. This approach aims to address a growing bottleneck in the space economy, where satellites currently take months to reach their final orbit using integrated propulsion systems.

Goals and applications

PAVE Space aims to provide a launcher-agnostic logistics layer compatible with multiple launch systems, supporting satellite operators, telecom providers, and defense organizations. The funding will be used to accelerate the development of orbital logistics platforms, conduct initial demonstration missions, expand the engineering team, and prepare for the first commercial deployments.

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