ClearSpace initiates consolidation phase of GEO Life Extension Mission
Above: Artistic impression of the ClearSpace servicer approaching its client satellite.
© ClearSpace
The mission reflects a key step in ClearSpace’s ongoing commitment to sustain space practices, focusing on the growing need to manage aging satellites and ensure the long-term health of space environments. The mission is set to dock with and extend the operational life of GEO satellites nearing retirement between 2028 and 2030. This pivotal first step advances ClearSpace’s vision to expand in-orbit servicing (IOS) beyond debris removal—an essential capability for ensuring long-term space sustainability.
ClearSpace’s growth has been fueled by strong financial backing, with key investments from OTB Ventures and the Luxembourg Future Fund (LFF). A recent €5.5 million Series A+ round has boosted total funding to €36 million, reinforcing the company’s ability to lead in space sustainability. With this solid financial foundation and transformational missions in development, ClearSpace is poised to drive innovation and push the boundaries of orbital debris removal and in-orbit servicing.
Last year, after successfully completing the preliminary design phase of the CLEAR mission, ClearSpace was awarded a new contract by the UK Space Agency to further develop the mission.
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