Neuraspace, founded in 2020, has quickly established itself as a leader in space traffic management (STM), tackling the critical issue of satellite safety. I first heard about Neuraspace on a podcast, and after doing some research, I was fascinated by their mission and technological advancements. Their work is not only innovative but also essential in ensuring the sustainability of our orbital environment.

Neuraspace has developed an AI-powered STM platform that automates collision risk management for satellite operators. This software-as-a-service (SaaS) solution offers real-time tracking, automated conjunction alerts, and advanced collision avoidance maneuvers. By using proprietary algorithms and data fusion techniques, their system processes vast amounts of data, delivering precise collision predictions and enhancing risk mitigation strategies. As space becomes more congested with satellites and debris, such solutions are becoming indispensable.

One of the most remarkable aspects of Neuraspace's technology is its ability to accelerate decision-making by up to 100 times compared to traditional methods. This speed allows satellite operators to respond swiftly to potential threats, minimizing risks. Additionally, the automation provided by their platform significantly reduces operational costs, cutting staff time by up to 80%. This means satellite operators can focus more on mission-critical tasks rather than spending countless hours analyzing collision risks manually.

Beyond cost and efficiency improvements, Neuraspace also enhances satellite planning and resource allocation. Their system provides 20% more planning time, enabling operators to optimize spacecraft operations. By minimizing unnecessary maneuvers and improving collision avoidance strategies, Neuraspace extends the operational lifespan of satellites, a crucial factor for both commercial and scientific space missions.

Collaboration is another key strength of Neuraspace's platform. It facilitates real-time information sharing between satellite operators, improving global coordination and overall space safety. As space traffic increases, this kind of cooperation is vital to avoiding catastrophic collisions and maintaining the long-term viability of human activity in space.

Neuraspace's impact on the space industry is evident in its rapid growth. As of 2024, the company monitors more than 300 satellites, earning the trust of major players in the industry. The European Space Agency (ESA) has recognized the value of Neuraspace’s work, selecting their technology for integration into its Space Debris Office STM tool suite. This endorsement speaks volumes about the quality and reliability of their solutions.

To make their technology accessible to a wider audience, Neuraspace recently introduced two service tiers: SYNC, a free version of its STM platform, and PRO, a subscription-based tier. This strategic move ensures that satellite operators of all sizes, from start-ups to large enterprises, can benefit from their advanced space traffic management tools.

Neuraspace's rise also reflects Portugal's growing influence in the space sector. The company has attracted significant investment, securing €2.5 million from Armilar Venture Partners and an additional €25 million for sensor infrastructure and growth, supported by the Recovery and Resilience Plan and NextGenerationEU Funds. This financial backing underscores the confidence in Portuguese innovation and highlights the country’s ability to contribute meaningful solutions to global space challenges.

As the space industry continues to expand, Neuraspace’s AI-driven solutions will play a vital role in ensuring the safety and sustainability of orbital operations. Their work is not just about protecting satellites, but it is about securing the future of space exploration. It is exciting to see a Portuguese company at the forefront of such a crucial field, and I look forward to witnessing their continued impact on the industry.

Author

Paulo Lopes is a multi-talent Portuguese citizen who made his Master of Economics in Switzerland and studied law at Lusófona in Lisbon - CEO of Casaiberia in Lisbon and Algarve.

Paulo Lopes