PIAP Space has secured an additional PLN 12 million in funding as part of a capital increase carried out by Agencja Rozwoju Przemysłu (ARP). As a result of the transaction, ARP has increased its shareholding to approximately 96%, strengthening its role as the company’s key strategic investor.
For PIAP Space, the capital injection represents a significant reinforcement of its development capacity in the area of advanced space technologies, with a particular focus on in orbit servicing systems and autonomous spacecraft operations. The funding is being allocated primarily to support work on the RAVEN project, one of the company’s most ambitious developments to date.
RAVEN is a space platform designed for autonomous transport, servicing, and interaction with satellites in-orbit. The system is being developed within an international consortium led by PIAP Space, with support from Creotech Instruments, the Łukasiewicz Institute of Aviation, and the Military University of Technology. The project is carried out under the framework of the European Space Agency.
The current development stage, Phase B1, concentrates on finalising the detailed design of the spacecraft and preparing for the demonstration mission. PIAP Space is working toward a planned in-orbit demonstration scheduled for 2029, which will validate key functionalities such as rendezvous manoeuvres, docking procedures, satellite refuelling, and controlled deorbit operations.
According to PIAP Space, the additional funding enables the company to accelerate engineering work, expand its technological base, and further strengthen its position in the European market for space robotics and satellite servicing solutions. The company highlights that RAVEN is intended to be a foundational step toward building operational capabilities in orbital logistics and autonomous space systems.
PIAP Space views the project as a strategic element in the development of Poland’s competence in high complexity space missions, aligning with broader European initiatives focused on sustainable space operations and infrastructure maintenance in-orbit.
