Revolv Space closes €5 million Series A led by Deep Ocean Capital

Revolv Space closed a €5 million ($5.6 million) Series A financing round led by Deep Ocean Capital SGR on Wednesday, Nov. 11, 2026, the Turin-based company said in a statement reported by satnews.com.

Revolv Space is a satellite motion and power generation systems manufacturer based in Turin, Italy. The company builds hardware that moves satellites and generates power in orbit. The funding is meant to expand production of mechanisms for small satellites.

The company makes solar array drive assemblies known as SADAs. These assemblies keep solar panels pointed at the sun without human intervention. It designs and manufactures deployment hinges for satellites, and it designs and manufactures power transfer systems that move electricity within a satellite.

Core product lines include the SARA solar tracking drive, the HOLLY deployment mechanism, and the PAVEL hinge. The company’s hardware serves satellites up to 1,000 kilograms in low Earth orbit and in geostationary Earth orbit, covering two major orbital regimes and a mass range that includes many small satellites.

The mechanisms earned in-orbit validation on a D-Orbit ION satellite carrier in 2025. The hardware flew on a third-party satellite carrier and demonstrated functionality in orbit. 27 units are currently operating in orbit, and the company has delivered 83 units across eight international customers.

Revolv won a contract to provide SARA Pro drives to Infinite Orbits for geostationary servicing platforms. The new agreement covers drive assemblies for platforms designed to service satellites in geostationary orbit. The company also delivered flight models to U.S. satellite prime Blue Canyon Technologies for a NASA mission. Revolv supplied flight-ready hardware to an American prime contractor working on a NASA project.

Part of the financing will accelerate serial manufacturing of qualified solar tracking mechanisms. The funds will support development of integrated solar array product lines for commercial and institutional constellations. The new product lines combine solar arrays with other subsystems for satellite constellations serving both business and government customers.

Revolv will put two-thirds of the proceeds toward expanding its Turin factory. Most of the financing will go toward growing the physical factory space in Italy by 1,000 square meters. The company plans to expand its team by 60 percent and add 25 new technical hires focused on technical work to support manufacturing growth.

Leftover capital from the round will fund solar array wing studies. The balance of the round will support development work on solar array wings that work with the company’s existing products. Revolv wants to become a supplier of pre-integrated power generation subsystems. The company aims to move beyond individual mechanisms and offer complete power generation packages ready for integration.

Total funding raised since founding in 2022 is €8.6 million ($9.6 million). The company has accumulated this total capital since its 2022 establishment, combining different investment types. Revolv, founded in 2022, secured €2.6 million in seed funding in 2024, with Primo Space participating in that earlier round two years before the Series A.

Deep Ocean Capital led the round using its Deep Blue Ventures and Deep Blue Space Ventures funds rather than a single vehicle. The lead investor deployed capital from two of its funds. The syndicate includes repeat backing from Primo Capital SGR through its Primo Space fund. An earlier investor returned to support the company in this larger round.

Marco Sala called the round a starting point for the company, characterizing the financing not as an end goal but as a beginning for the next phase of growth. “Today, for us, it is a starting point:”, he said. Sala said the firm targets hundreds of units per year, will target more customers with integrated systems, and wants to reach full financial autonomy. The company’s goal is to operate without relying on further external financing.