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Investments are used to advance several prototype demonstrators, improve the company’s lab infrastructure, and strengthen and expand the team
“This pre-seed investment round marks a key inflection point for the company. The participation of institutional investors signals strong confidence in advanced manufacturing and dual-use space technologies as a compelling and timely opportunity. Since our inception, we’ve worked to sharpen both the technical foundations and the real-world relevance of our technologies – especially in dual-use contexts. The investment allows us to take the next concrete steps: advancing our prototypes, growing the team, and deepening engagement with early partners,” noted Philipp Bauer, founder and CEO of SFDY.
“As Europe retools for a more contested and fast-moving space domain, the window for building sovereign systems from the ground up is closing. We intend to lead that transformation. This round comes just ahead of our first commercial contract announcement – a key step toward real-world deployment,” he added.
“We’re proud to support Starflight Dynamics in its bold mission to redefine what’s possible in orbit. The company’s focus on building next-generation industrial infrastructure in space speaks to a vision that’s both technically ambitious and strategically timely, especially in the field of rare materials production, a critical element in multiple advanced industries and major geopolitical tensions around supply. We believe that their commitment to cutting-edge engineering, combined with a focus on sustainable, scalable solutions, positions the company to address some of the most complex challenges of the space environment. This is the kind of forward-thinking venture we look for – where deep tech meets real-world impact, and new frontiers in space are opened for Lithuanian and European industrial and strategic future.” said Viktorija Trimbel, Managing Director of Coinvest Capital. “Investment in Starflight Dynamics brings a unique value for Lithuania and opportunities to play an active role in development of frontier technologies in space. Company already cooperates with multiple Lithuanian partners and is considering opening a Lithuanian subsidiary.”
The round is joined by experienced business angles, including the founding members of the newly formed Space & Defence Committee under the European Business Angel Network (EBAN).
“The future of space isn’t just about reaching orbit – it’s about building the capabilities to thrive once we’re there. Investing in Starflight Dynamics is an investment in next-generation propulsion, advanced in-space manufacturing, and breakthrough crystal semiconductor technologies that benefit not only sustainable space operations but also critical applications here on Earth. These innovations strengthen our industrial base, advance high-performance materials for both commercial and defense sectors, and help secure Europe’s leadership in the new space era. Cross-border syndication is vital to the success of new space and defense initiatives emerging in Europe – we will reach new heights through pan-European collaboration,” noted Rita Sakus, EBAN Board member.
Dominykas Milasius added that Starflight Dynamics has demonstrated both a unique approach to in-space manufacturing and a tangible commitment to defense innovation: “We’re excited to back these efforts. The syndicate includes both current and former aerospace and defense entrepreneurs and investors, matching Germany’s industrial strength with the agile, necessity-driven innovation coming from Lithuania. We hope that this operator-to-operator partnership between two parts of Europe sets a new example for future European investments in dual-use technologies that are geopolitically crucial.”
Starflight Dynamics was founded in 2023 with a bold vision: to bring process industry into orbit by harnessing the unique advantages of microgravity. Today, SFDY focuses on two core technology areas:
Backed by private and institutional capital, SFDY is building the sovereign infrastructure needed to make Europe faster, more autonomous, and more capable in space.
About Coinvest Capital
Coinvest Capital is a sovereign venture capital fund established by the national development bank ILTE. The fund invests public funds of EU and Republic of Lithuania, alongside private investors, in promising European start-ups that create value for Lithuania. Since the beginning of its operations, the Fund, together with its partners, has invested in 48 startups and exited 6 investments. The total venture capital deployed amounts to more than €53.2 million, of which €23.1 million was contributed by Coinvest Capital. Under the profit-sharing model, private co-investors have contributed €12.5 million, while an additional €17.6 million has been invested under the pari-passu model.
The Fund offers a globally unique profit-sharing program, capping its annual return on investments at 4 to 8 percent. In the event of a successful exit, any return exceeding this cap is allocated to accredited private co-investors. Out of the €44.3 million in committed capital entrusted to the Fund, €14.9 million remains available for new investments following this transaction.
About Starflight Dynamics
Starflight Dynamics was founded in 2023 with the ambition to bring industrial processes into orbit — beginning with materials manufacturing in microgravity. Through early cooperation with the University of the Bundeswehr Munich (UniBW M) and the industry, the team deepened its focus on dual-use technologies, aligning engineering capabilities with the emerging demand for sovereign and responsive space infrastructure.
Headquartered in Germany and active across Europe, the company combines propulsion, platform design, and in-space production into a unique technology stack that supports both defence and commercial missions. Its material-production technology is designed to enable ultra-pure semiconductor substrates, significantly expanding the edge for future semiconductor and quantum applications.
