SatRev, a pioneering space technology company from JRH ASI’s investment portfolio, has successfully raised nearly 15 million PLN in a new share issue, reflecting robust investor interest and confidence in the company’s vision. The subscription saw 404 primary and 198 additional orders, resulting in an impressive 86% reduction rate.
The success of this fundraising round highlights SatRev’s operational capabilities and the market’s strong trust in its growth strategy. Key to this achievement was the backing of JRH ASI, whose involvement provided the firm with solid foundations for further expansion.
“JRH’s support has been pivotal in executing our strategy and accelerating our international expansion,”
said Grzegorz Zwoliński, founder and CEO of SatRev.
Ambitious Future Plans and Market Expansion
Looking ahead, SatRev is preparing to enter the NewConnect market, an initiative marked by a signed letter of intent with ECL S.A. The company is also intensifying its focus on innovative technologies. SatRev recently announced a groundbreaking partnership with REAKTO and REAKTO Drone Services to develop solutions combining drone and satellite technologies under the newly formed ORBITRA HOLDING.
“This partnership allows us to create unique Earth observation solutions by merging drone and satellite capabilities,”
Zwoliński explained.
SatRev continues to build its presence in the Middle East, particularly through its collaboration with the Government of Oman. The company is currently working on a satellite project for the country and a ground station located on Omani territory. Additional efforts include projects with the European Space Agency (ESA) and the development of a 6U-class satellite for a South Korean client.
Domestically, SatRev remains committed to delivering innovative solutions. Under a 42-million PLN contract with Poland’s National Support Centre for Agriculture (KOWR), the company is providing satellite imagery for 96,000 km² of Polish territory.
Global Vision: A Leader in Sovereign Space Solutions
As a Polish leader in nanosatellite design and production, SatRev has already launched 11 satellites into orbit since its founding in 2016. Its technology enables solutions across sectors such as precision agriculture, energy resource management, and infrastructure monitoring.
“SatRev is not just an investment in space but an investment in a sustainable, innovative future,”
Zwoliński emphasized, underscoring the company’s long-term value for investors.
“SatRev is one of our standout investments that I believe will continue to surprise the market positively. The recent fundraising and partnership under ORBITRA HOLDING position the company to lead the next generation of Earth observation solutions,”
January Ciszewski, Founder and CEO of JRH ASI S.A., echoed this optimism:
About SatRev
SatRev specializes in designing, manufacturing, and operating nanosatellites, offering integrated solutions for data analysis. As a trusted provider, the company collaborates with space agencies and governments globally, including key markets in the USA, Australia, Europe, and the Middle East. With plans to debut on NewConnect and pursue groundbreaking technological innovations, SatRev is poised to further solidify its role as a global leader in space technology.
This milestone marks a significant step for SatRev as it navigates ambitious plans, leveraging innovative partnerships to meet rising global demands for space-based solutions.