Endurosat – a satellite manufacturer announced that it has as raised USD 205m (EUR 178.6m) in a funding round co-led by US-based investment companies Riot Ventures and Atreides Management, aimed at scaling its satellite production. The company intends to use the proceeds to move to larger spacecraft in its Evolved Expendable Launch Vehicle Secondary Payload Adapter (ESPA)-class FRAME line, push for serial standardisation further, as well as produce satellites with the repeatability and volume of drones rather than one-off bespoke builds.