Latitude

Latitude

Developing a reactive, reliable and cost-efficient microlauncher for the smallsat market. Learn more

Financials

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Revenues, earnings & profits over time
EUR2020202120222023
Revenues<1m<1m<1m<1m
% growth-(22 %)-51 %
EBITDA(<1m)(<1m)--
% EBITDA margin(88 %)(1065 %)--
Profit(<1m)(<1m)--
% profit margin(33 %)(513 %)--
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Recent News about Latitude

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Latitude.eu is a pioneering startup in the space exploration industry, providing dedicated launch services for small satellite operators. The company operates in the rapidly expanding market of smallsats, which are miniaturized satellites with lower production and launch costs. Latitude's business model is centered around its in-house developed engine, Navier, which powers its Zephyr launcher. This engine, a product of French fine art and 3D printing technology, was developed in less than two years and successfully tested in winter 2022.

Latitude's clients are primarily smallsat operators who require reliable and dedicated launch services to access the space data they need. The company's unique selling proposition is its ability to offer dedicated launches at any time and from any location, providing clients with unparalleled flexibility and convenience.

The company's revenue model is based on providing these launch services to its clients. The development of the Navier engine and the Zephyr launcher, as well as the establishment of a micro-launcher factory, represent significant upfront investments. However, the company expects to recoup these costs and generate profits through the provision of its unique launch services.

Latitude's business is characterized by robust collaborations and a pioneering spirit, as it shapes the future of space exploration. The company's team, which has grown to 67 colleagues, is united in its mission to forge a trail to the stars.

Keywords: Space Exploration, Smallsat Operators, Dedicated Launch Services, In-house Engine, Navier, Zephyr Launcher, Micro-Launcher Factory, 3D Printing Technology, Flexible Launch Schedule, Pioneering Innovations.

Tech stack

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