Growth financing for D-Orbit
Silverpeak accessed a global pool of leading investors, quickly generating qualified interest
About our client
D-Orbit develops and sells the worlds first in-space satellite transporter, delivering the fastest satellite last mile delivery solution.
D-Orbit provides correctly spaced satellite delivery; orbital plane changing; and orbit raising with a clear path to additional in orbit servicing and life extensions missions.
Why they chose us
D-Orbit selected Silverpeak based on its detailed knowledge of the NewSpace landscape, close investor relationships and reputation for excellence in transactional execution.
How we added value
Silverpeak clearly communicated a sophisticated and ambitious offering to a global pool of leading investors, quickly generating qualified interest.
Silverpeak adapted to a changing mandate, pivoting from pursuit of a priced Series B primary equity issuance to a pre-SPAC convertible loan note. This involved careful management of both the investor syndicate and communication of strategic implications.
The successful outcome
Successful close of a pre-SPAC CLN, enabling the announced merger with Breeze Holdings at $1.4bn valuation.
Transaction Summary
Client
D-Orbit
Deal Type
Financing
Counterparties
Sector
Deeptech
Amount
€51.5m
Country
Silverpeak team
Silverpeak’s in-depth knowledge of the space market together with its outstanding execution capabilities and connections with investors across the sector proved invaluable. The team helped us build our investment case, financial models and presentations which led to interest from global investors.