PAVE Space

Based in Switzerland, PAVE Space SA develops advanced space systems aimed at enhancing the in-space economy, particularly in orbital logistics, through innovative products designed for satellite operators and government agencies. Founded in 2023 and headquartered in Vaud, Switzerland, PAVE Space SA specializes in advanced space systems. The firm has engaged in one deal, securing USD 40. 00 mn in SEED funding on March 25, 2026, co-led by Visionaries Club and Creandum, with participation from several notable investors.

The company was established without any public mention of a merger, carve-out, or previous iterations, focusing on its innovative offerings in the space sector. PAVE Space SA specializes in developing advanced space systems that facilitate the in-space economy, with a focus on enhancing orbital logistics. The company’s flagship product, LYOBA, is a heavy-lift kickstage capable of carrying payloads of up to 5 tons, designed to provide satellite operators with expedited, cost-effective, and flexible access to precise target orbits. Additionally, PAVE Space offers the IBEX, a high-mobility orbital platform that is payload-agnostic and aims to deliver lower-cost solutions for orbital security and national space missions.

These products cater primarily to commercial satellite operators, government agencies, and organizations involved in national defense and space exploration. PAVE Space operates in international markets, focusing on regions with active space programs such as North America, Europe, and parts of Asia, where demand for advanced space logistics services is growing. PAVE Space SA generates revenue through direct B2B transactions with various clients, including satellite operators and governmental organizations. The structure of these transactions typically involves contractual agreements for the provision of services related to their advanced space products, such as LYOBA and IBEX.

The company establishes pricing plans based on specific services rendered, with contracts tailored to the needs of individual clients, ensuring clear understandings of the scope of work, delivery timelines, and payment terms. This revenue model is built around delivering customized solutions that address the unique challenges faced by their clientele in orbital logistics and national security domains. PAVE Space plans to utilize the recent SEED funding of USD 40. 00 mn to accelerate the development of its orbital logistics platforms, conduct initial demonstration missions, and expand its engineering team in preparation for its first commercial deployments.

The company is targeting expansion into markets with active space programs, notably in North America and parts of Asia, with a focus on establishing a stronger presence by 2026.