Starflight Dynamics (SFDY), a young technology company based in Munich, has successfully completed its pre-seed financing round. Founded in 2023, the startup develops key technologies for operations in space and raised nearly two million euros. Participating in the round are the Lithuanian state VC fund Coinvest Capital with €750,000, as well as several experienced business angels. Among them are the founding members of the newly created Space & Defence Committee of the European Business Angel Network (EBAN).
"This pre-seed investment round marks an important turning point for the company. The participation of institutional investors demonstrates strong confidence in advanced manufacturing and space technologies, which represent a compelling and timely opportunity. Since our founding, we have worked to sharpen both the technical foundation and the practical relevance of our technologies – particularly in the dual-use context. This investment enables us to take the next concrete steps: further developing our prototypes, expanding the team, and deepening collaborations with early partners."
explains founder and CEO Philipp Bauer.
Space and defense technology
Starflight Dynamics focuses on two Core areas: A proprietary, water-based orbital propulsion system forms the basis for modular platforms intended primarily for use in robotic defense scenarios. In parallel, the startup is developing a system for mass crystal growth in orbit. SFDY aims to use this to produce next-generation semiconductor substrates – leveraging microgravity.
"Europe is preparing for a more contested and fast-moving space domain, and the window of opportunity to build sovereign systems is closing. We intend to lead this change. This round comes just before the announcement of our first commercial contract – a key step toward real-world deployment,"
so farmer further.
Strategic partnerships in Europe
Investors see great potential. Viktorija Trimbel, Managing Director of Coinvest Capital, explains:
"We believe that the company's commitment to cutting-edge technology combined with a focus on sustainable, scalable solutions will enable it to tackle some of the most complex challenges in space. This is the kind of forward-thinking company we're looking for—where profound technology meets real-world impact, opening new frontiers in space for the industrial and strategic future of Lithuania and Europe."
Rita Sakus, EBAN board member, adds:
"The investment in Starflight Dynamics is an investment in the next generation of propulsion, advanced space manufacturing, and groundbreaking crystal semiconductor technologies that will benefit not only sustainable space operations but also critical applications here on Earth. These innovations strengthen our industrial base, advance high-performance materials for the commercial and defense sectors, and help secure Europe's leadership in the new space age. Cross-border collaboration is critical to the success of new space and defense initiatives emerging in Europe—through pan-European collaboration, we will reach new heights."
Starflight Dynamics plans to expand its collaboration with European partners. The company is also already exploring the possibility of establishing a subsidiary in Lithuania.
