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D-Orbit has raised $124 million in the first tranche of its Series D funding, announced on January 22. This investment will facilitate strategic acquisitions, enhance its orbital logistics infrastructure, and expand in-orbit transportation services.

The Azimut Group is contributing $53 million to this round and acquiring shares from a previous investor. D-Orbit plans to pursue further acquisitions, building on its integration model used with Planetek, which it acquired in 2025.

The company aims to consolidate the European space services market while ensuring compliance with ESA and EU national security requirements. D-Orbit will also establish local branches, such as D-Orbit USA, to navigate specific regulatory barriers.

The funding will support D-Orbit's goal of developing interplanetary logistics infrastructure and expanding its capabilities in satellite manufacturing and in-orbit services. Current operations include the ION Satellite Carrier, with 137 satellites delivered across 21 missions.