# Exotrail

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/exotrail

- Industry: Aerospace
- Headquarters: Paris, France
- Website: www.exotrail.com
- Total disclosed funding: $71M
- Latest round: Series B (Feb 7, 2023)
- Investors on record: 15

## About

Exotrail SA, based in France, is a company that specializes in advanced mobility solutions for the space industry, focusing on electric propulsion and in-orbit services that enhance the performance of satellites.Founded in 2015, Exotrail SA operates from its headquarters in Paris, France, and provides innovative solutions for satellite mobility. The company has successfully completed 5 total deals, with its most recent funding round occurring on February 7, 2023, where it raised EUR 54.000 mn in Series B funding from investors including CELAD, Eurazeo, and Bpifrance Investissement. The company was co-founded by David Henri, Jean-Luc Maria, Nicolas Heitz, and Paul Lascombes, with Jean-Luc Maria currently serving as CEO.Exotrail specializes in providing advanced mobility solutions for the space sector, focusing on electric propulsion and in-orbit services that enhance satellite operations. Their core offerings include state-of-the-art propulsion systems designed to enable precise satellite positioning, relocation during missions, collision avoidance, and sustainable deorbiting at the end of operational lifecycles. These technologies are pivotal for managing the increasing number of satellites across various applications, including telecommunications and Earth observation. Exotrail serves a diverse client base that includes satellite operators, space agencies, and commercial enterprises worldwide, particularly in regions such as North America, Europe, and Asia. By integrating concepts of reuse and maintenance, their solutions aim to facilitate a more sustainable and efficient framework for space operations, thereby addressing the urgent needs of an evolving space landscape.Exotrail generates revenue through direct business-to-business transactions with its clients in the aerospace sector. These transactions are structured around the provision of their propulsion systems and in-orbit services, often facilitated through partnerships and contracts with satellite manufacturers and operators. The company engages in service agreements that include recurring revenue streams tied to the maintenance and operational support of their propulsion technologies. Additionally, pricing structures vary depending on the complexity and scale of the services provided, including bespoke solutions tailored to specific missions. Their flagship products and services are integral to the operational success of their clients, thus supporting a robust revenue model built on continuous engagement and collaboration within the fast-growing space industry.In February 2023, Exotrail SA raised EUR 54.000 mn in Series B funding, co-led by CELAD and Eurazeo, and will utilize this capital to innovate further and develop cutting-edge products to enhance its mobility offerings. The company plans to introduce new products aimed at improving satellite mobility and expanding its reach into North America, Europe, and Asia by 2024, aligning with increasing global demand for advanced satellite capabilities.

## Funding rounds

- Series B, Feb 7, 2023, $58M — Innovacom, Eurazeo, 360 Capital, Turenne Groupe, Karista, IXO Private Equity, Groupe BPCE, Bpifrance Investissement, Irdi Capital Investissement, WaterStart Capital, BNP Paribas, CELAD
- Series A, Sep 4, 2020, $9.9M — Innovacom, 360 Capital, Turenne Groupe, Karista, Bpifrance Investissement Régions, IXO Private Equity, IRDI SORIDEC Gestion, WaterStart Capital
- Seed, Sep 14, 2018, $3.6M — 360 Capital, Bpifrance Investissement Régions, IRDI SORIDEC Gestion, SATT Paris-Saclay

## Investors

- 360 Capital (https://capitalatlas.ai/funds/360-capital) — Seed, Series A, Series B
- Bpifrance Investissement Régions (https://capitalatlas.ai/funds/bpifrance-investissement-regions) — Seed, Series A
- IRDI SORIDEC Gestion — Seed, Series A
- SATT Paris-Saclay — Seed
- Innovacom (https://capitalatlas.ai/funds/innovacom) — Series A, Series B
- Turenne Groupe (https://capitalatlas.ai/funds/turenne-groupe) — Series A, Series B
- Karista (https://capitalatlas.ai/funds/karista) — Series A, Series B
- IXO Private Equity (https://capitalatlas.ai/funds/ixo-private-equity) — Series A, Series B
- WaterStart Capital — Series A, Series B
- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series B
- Groupe BPCE — Series B
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B
- Irdi Capital Investissement (https://capitalatlas.ai/funds/irdi-capital-investissement) — Series B
- BNP Paribas — Series B
- CELAD — Series B