Involve Group S.r.l.

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Involve Group S.r.l. - overview

Established

2018

Location

Como, -, Italy

Primary Industry

Aerospace

About

Based in Italy, Involve Group S. r. l. provides innovative stratospheric solutions focused on intelligent pseudo-satellite platforms, serving diverse sectors including environmental monitoring and telecommunications.


Involve Group S. r. l. was founded in 2018 and is headquartered in Como, Italy.


The company specializes in stratospheric technology and has engaged in one deal as of September 2024. The founders, Claudio Piazzai and Jonathan Polotto, have paved the way for innovative solutions in the aerospace sector. The latest funding round raised EUR 500,000, contributing to a total of EUR 2. 5 mn raised overall, positioning Involve Group for further growth in its market.


Involve Group S. r. l. 's primary offerings include the intelligent pseudo-satellite platform, Stratostats®, and the stratospheric balloon constellation, LoonHive®.


These products cater to diverse applications such as infrastructure monitoring, natural disaster response, and telecommunications. The Da Vinci Caelum® DIY Kitbox allows researchers and students to conduct stratospheric launches for technology testing, appealing to a range of clients from educational institutions to governmental agencies. Collaborations with the European Space Agency and the Italian Space Agency further enhance Involve Group's presence in the space sector. In the most recent fiscal year of 2023, Involve Group S.


r. l. reported a revenue of EUR 40,589. 80 and an EBITDA of EUR -75,576, indicating their current financial positioning within the market.


In September 2024, Involve Group S. r. l. secured EUR 500,000 in venture funding to accelerate the development of its stratospheric balloon technology.


The company is focusing on launching new products that leverage its advanced stratospheric capabilities and aims to expand its market presence in Europe and North America by enhancing partnerships with research entities and governmental bodies.


Primary Industry

Aerospace

Sub Industries

Aerospace

Website

www.involvespace.eu/

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Early Stage

Total Amount Raised

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