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Space

D-Orbit S.p.A.

Privatepure-play
Market cap
Conviction3/ 5
HQFino Mornasco, Italy

For informational purposes only. Not financial advice, not a recommendation to buy or sell any security. Standing Order is a directory and research project, not an advisory service.

Thesis

D-Orbit is a European in-space logistics company whose ION Satellite Carrier provides "last-mile" delivery — precisely placing satellites into their target orbits after launch — and is extending into in-orbit servicing and edge cloud-computing payloads. It is among the more flight-proven players in the emerging space-logistics category.

The investment case is owning the orbital-transfer-and-servicing layer as constellations proliferate and need flexible deployment and life-extension. As a private name it has no market cap here; coverage conviction reflects flight heritage against an early, capital-hungry market. Risks: thin near-term economics, competition (Momentus, Impulse, Launcher), and dependence on launch cadence and European space funding.

Catalysts

  • ION mission cadence and deployment contracts
  • In-orbit servicing demonstrations
  • European Space Agency / institutional funding
  • Edge-compute payload traction

Not financial advice — research and opinion only. Disclosures