Electric propulsion startup Exotrail: Hardware for NanoAvionics, AAC Clyde & GomSpace, mission design for Eutelsat

by Peter B. de Selding

UPDATE July 16: PARIS -- Small-satellite propulsion manufacturer Exotrail raised 11 million euros ($13 million) in a Series A round of financing backed by new investors Karista-managed Paris Region Venture Fund, Innovacom, IXO Private Equity, NCI-Waterstart, Turenne Capital and returning investors 360 Capital, Irdi Soridec Gestion and Bpifrance.

Including the Series A, Exotrail has raised 17 million euros. The company said it will use the new investment "to extend its product portfolio and sscale up its manufacturing and . . .

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