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# Bulgaria's EnduroSat raises USD 104 million to scale satellite production
- URL: https://sovereigntymonitor.eu/news/2025-10-30-endurosat-104m-funding/
- Published: 2025-10-30T12:00:00.000Z
- Updated: 2026-10-13T12:02:36.000Z
- Description: Bulgarian satellite maker EnduroSat secured USD 104 million from Riot Ventures, Google Ventures, Lux Capital and the European Innovation Council Fund. The money funds a new Sofia production site able to build two satellites a day.
- Author: Reidar Balstad
- Tags: Defence and space, Industry, investment and R&D, #news, #verified, #ai-drafted

Verified AI-drafted [EnduroSat press release, 30 October 2025](https://www.endurosat.com/news/endurosat-secures-104-million-to-scale-espa-class-satellite-production/?ref=sovereigntymonitor.eu)

**What it does not test.** Does not establish the round's structure as equity or debt, or a closing valuation, which the release does not state.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)