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ClearSpace

Luxembourg-based company, founded in Switzerland, building spacecraft that grab dead satellites and pull them out of orbit. It holds ESA and UK government contracts for removal missions starting later this decade.

Products, by altitude

High orbits · 2,000–35,786 km

  • In development

    Phoenix

    Planned craft that docks with aging satellites to extend them

Low Earth orbit · 160–2,000 km

Known rounds

DateRoundAmountLed by
Jan 2023Series A€26.7MOTB Ventures, Swisscom Ventures⁠1
Jun 2021Seed (first closing)4M CHF—⁠2

Government awards

DateAgencyProgramAmount
Oct 2026UK Space AgencyUK Active Debris Removal mission (prime contractor)GBP 61M⁠3
Sep 2026ESAPhoenix GEO life-extension mission, next phaseNot disclosed⁠4
Sep 2022UK Space AgencyCLEAR mission design phaseGBP 2.2M⁠5
Nov 2020ESAClearSpace-1 active debris removal serviceEUR 86M⁠6

Milestones

  • Oct 2026 ClearSpace and Eutelsat signed a term sheet for Eutelsat to act as satellite operator customer for the Phoenix life-extension mission. Company statement⁠7
  • Oct 2026 The UK Space Agency picked ClearSpace as prime contractor for a £61 million mission to remove two defunct UK satellites, with operations targeted for 2029. Company statement⁠3

Sources

  1. ClearSpaceJan 19, 2023
  2. ClearSpaceJun 30, 2021
  3. ClearSpaceOct 15, 2026
  4. ClearSpaceSep 23, 2026
  5. ClearSpaceSep 23, 2022
  6. StartuptickerNov 30, 2020
  7. ClearSpaceOct 21, 2026
  8. ClearSpace website

Updated Oct 22, 2026 · How we source facts · Suggest a correction