Aldoria Company Profile

Background

Overview

Aldoria, formerly known as Share My Space, is a European pioneer in Space Situational Awareness (SSA), dedicated to safeguarding critical space assets and ensuring sustainable operations in Earth's orbit. Established in 2017, the company specializes in providing real-time orbital intelligence through a proprietary global network of optical sensors. Operating across five continents, Aldoria offers high-precision tracking, collision avoidance, and threat detection services to protect satellites and other space-based infrastructure.

Mission and Vision

Aldoria's mission is to ensure space safety and security by delivering sovereign, real-time orbital intelligence. The company's vision is to become the European leader in space surveillance, providing comprehensive solutions that empower governments, institutions, and commercial operators to navigate the complexities of space traffic, mitigate risks, and reinforce Europe's strategic autonomy in space.

Primary Area of Focus

Aldoria focuses on Space Situational Awareness, offering services such as collision avoidance, threat detection, and comprehensive monitoring of space objects to ensure the safety and sustainability of space operations.

Industry Significance

As the number of active satellites in low Earth orbit is expected to grow from nearly 9,000 today to 40,000 by 2030, Aldoria's role in monitoring and managing space debris becomes increasingly critical. The company's innovative optical systems and global sensor network position it as a key player in the SSA industry, contributing to the protection of vital space infrastructure.

Key Strategic Focus

Core Objectives

• Expansion of Sensor Network: Aldoria aims to expand its network of optical surveillance stations from six to twelve by 2025, enhancing global coverage and data collection capabilities.

• Development of Multi-Sensor Approach: The company plans to develop and refine a multi-sensor approach to address a broader range of customer use cases through data fusion, improving the accuracy and reliability of its SSA solutions.

Specific Areas of Specialization

• Optical Sensor Technology: Aldoria specializes in designing and operating optical sensors capable of detecting and tracking space objects across all orbital regimes, including Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO).

• Collision Avoidance Services: The company provides real-time collision avoidance services, advising satellite operators on potential threats and assisting in maneuver planning to prevent collisions.

Key Technologies Utilized

• Multi-Telescope Observation Stations (MTOS): Aldoria's MTOS system comprises four synchronously rotating telescopes located at the same observation site, ensuring continuous and precise monitoring of space objects, even at low altitudes down to 300 km.

• Orbital Information System: The company's proprietary system processes data from various sources into orbit determination algorithms, providing a comprehensive understanding of the space environment in near real-time.

Primary Markets or Conditions Targeted

• Satellite Operators: Aldoria's services are tailored for commercial satellite operators, assisting in collision avoidance and ensuring the safety of their assets in orbit.

• Space Agencies and Governments: The company collaborates with space agencies and governmental bodies to enhance national and regional space security capabilities.

Financials and Funding

Funding History

• Total Funds Raised: As of January 2024, Aldoria has secured a total of €22 million in funding.

Recent Funding Rounds

• Series A Funding: In January 2024, Aldoria closed a €10 million Series A funding round, bringing the total investment to €22 million.

Notable Investors

• Starquest Capital: Led the Series A funding round, emphasizing its commitment to green financing through Article 9 of the EU Sustainable Finance Disclosure Regulation.

• European Innovation Council Fund: Participated in the funding round, supporting innovative European companies in the space sector.

• French State's "Deeptech 2030" Fund: Managed by Bpifrance, this fund invested in Aldoria as part of France's initiative to support deep-tech innovations.

Intended Utilization of Capital

• Expansion of Sensor Network: The funds are allocated to expand Aldoria's network of optical surveillance stations from six to twelve by 2025.

• Development of Multi-Sensor Approach: Investment in developing and refining a multi-sensor approach to address more customer use cases through data fusion.

Pipeline Development

Key Pipeline Candidates

• Optical Sensor Stations: Aldoria is in the process of deploying additional optical sensor stations to enhance global coverage and data collection capabilities.

• Multi-Sensor Data Fusion Systems: The company is developing systems that integrate data from multiple sensor types to improve the accuracy and reliability of its SSA solutions.

Stages of Clinical Trials or Product Development

• Deployment of Additional Stations: Aldoria is actively deploying additional optical sensor stations to expand its global network.

• Integration of Multi-Sensor Data Fusion: The company is in the development phase of integrating multi-sensor data fusion into its existing systems.

Target Conditions

• Space Debris Monitoring: Aldoria's technologies are designed to monitor and track space debris to prevent collisions and ensure the safety of space operations.

• Collision Avoidance: The company's services aim to provide real-time collision avoidance solutions for satellite operators.

Relevant Timelines for Anticipated Milestones

• Expansion to Twelve Stations: Aldoria plans to expand its network to twelve optical surveillance stations by 2025.

• Integration of Multi-Sensor Data Fusion: The company is working towards integrating multi-sensor data fusion into its systems, with ongoing development efforts.

Technological Platform and Innovation

Proprietary Technologies

• Multi-Telescope Observation Stations (MTOS): Aldoria's MTOS system comprises four synchronously rotating telescopes located at the same observation site, ensuring continuous and precise monitoring of space objects, even at low altitudes down to 300 km.

• Orbital Information System: The company's proprietary system processes data from various sources into orbit determination algorithms, providing a comprehensive understanding of the space environment in near real-time.

Significant Scientific Methods

• Data Fusion Algorithms: Aldoria employs advanced data fusion algorithms to integrate information from multiple sensor types, enhancing the accuracy and reliability of its SSA solutions.

AI-Driven Capabilities

• Autonomous Collision Avoidance Systems: Aldoria is collaborating with partners to develop autonomous collision avoidance systems for CubeSats, integrating AI-driven decision-making algorithms to process onboard SSA data and enable real-time maneuvering without human intervention.

Leadership Team

Key Executive Profiles

• Romain Lucken: CEO & Co-founder. Doctor in Plasma Physics and engineer from École Polytechnique, Palaiseau. Initially trained in risk management for nuclear reactors, his work at JAXA and Airbus led him to space.

• Damien Giolito: COO & Co-founder. Civil engineer, professional pilot, inventor, and entrepreneur. Director of an aerial survey company for 10 years.

• Curt Bilby: CFO. Experienced in financial management and strategic planning within the aerospace sector.