PAVE Space raises USD 40 M to speed up satellite transfers
25.03.2026
Swiss space infrastructure company PAVE Space has raised USD 40 million in seed funding to develop a spacecraft that can move satellites between orbits in under 24 hours. The funding supports in-space testing and early commercial operations.
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Most satellites today rely on slow onboard propulsion to climb from low Earth orbit (LEO) to higher orbits, a process that can take months. PAVE’s orbital transfer vehicles (OTVs) aim to solve this bottleneck, delivering satellites to geostationary, medium Earth, or even lunar orbits rapidly and cost-effectively.
The flagship heavy kickstage system uses storable fuels to support long-duration missions, while a smaller mobile platform targets responsive and dual-use applications. Together, they offer satellite operators, defense, and institutional customers flexible orbital mobility.
Founded in 2024 by Julie Böhning and Jérémy Marciacq, who previously built Europe’s first reusable rocket demonstrator, PAVE, a Venture Kick alumnus, designs propulsion, avionics, and control systems in-house, enabling fast iteration and testing. The company has already signed eight reservation agreements and plans its first in-space demonstration mission in October.
PAVE’s OTVs are launcher-agnostic, compatible with Falcon 9, Ariane 6, and Japan’s MHI, providing Europe with independent, rapid orbital logistics capabilities.
CEO Julie Böhning and CTO Jérémy Marciacq
The flagship heavy kickstage system uses storable fuels to support long-duration missions, while a smaller mobile platform targets responsive and dual-use applications. Together, they offer satellite operators, defense, and institutional customers flexible orbital mobility.
Founded in 2024 by Julie Böhning and Jérémy Marciacq, who previously built Europe’s first reusable rocket demonstrator, PAVE, a Venture Kick alumnus, designs propulsion, avionics, and control systems in-house, enabling fast iteration and testing. The company has already signed eight reservation agreements and plans its first in-space demonstration mission in October.
PAVE’s OTVs are launcher-agnostic, compatible with Falcon 9, Ariane 6, and Japan’s MHI, providing Europe with independent, rapid orbital logistics capabilities.
CEO Julie Böhning and CTO Jérémy Marciacq