SatRev will manufacture many nanosatellites in a new factory to be built in LegnicaPoland, close to the company’s headquarters — this is the result of an agreement signed with the Legnica Special Economic Zone (LSEZ). The plant is the first of its kind and will increase the capabilities of the European satellite market.
By the end of 2025, SatRev plans to produce hundreds of small satellites each year.
SatRev intends to be the first satellite manufacturer in the world to use 100% of the energy required for its production process from renewable sources. Once the conditions are met, SatRev will receive government support for its business. The Legnica Special Economic Zone is not only intended for major international business, but also for domestic companies working on development projects.
From the start, LSEZ can offer tax exemptions of up to 45% on investment expenditure, to be decided on a case-by-case basis. Access to relief for those investing in cutting-edge technologies is facilitated through a 95% reduction in necessary expenses. This is 20 times less than the requirement for large investors.
At present, the preparation of the functional utility program for the plant project is nearing completion. The next step will be to acquire land, finance and select a contractor. Details will soon be presented by the Legnica Special Economic Zone. The factory plant has more than 1,100 m2, including 280 m2 of clean rooms and clean boxes in accordance with ISO7 and ISO5 standards, and is expected to be delivered in 2023
“By 2026, we plan to create a constellation of 1,000 EO satellites. To achieve this goal, we needed a place to increase our production, and we found the necessary support in the special economic zone of Legnica. The cooperation agreement is the next step in the development of the Polish space business and sector,” said Grzegorz ZwolinskiCEO and co-founder of SatRev.
“WWe are now opening up to new technologies and even to the space adventure. We support innovative Polish tech thought leaders. The preferential tax allowances we offer are “tailor-made” and this attracts companies, including start-ups,”” said Przemyslaw BożekChairman of the Board of the Legnica Special Economic Zone.
“The most common obstacle to the growth of new technology companies is simply the lack of space for development. Another obstacle is the lack of funds to build your own production hall, and even earlier to buy expensive land. Therefore, we are preparing a special project to build production, storage and logistics halls, which we will also want to make available in a subscription model, like the Spotify service. If all goes as planned, the first rooms will still be made available in 2023. We want SatRev to be the first tenant,” said Ryszard Wawryniewiczvice-president of the special economic zone of Legnica.
SatRev was founded in Poland in 2016 to focus on the emerging space market. With vertically integrated operations, the company specializes in the design, manufacture and operation of optical satellite missions and space programs for Earth observation. It is building a constellation of satellites that is expected to grow to more than 1,000 satellites by 2026. Additionally, in October 2019, the company formed a consortium with Virgin Orbit and nearly a dozen Polish universities to design and conduct the first dedicated commercial satellite mission to Mars. . Current investors include Polish venture capital funds such as JR HOLDING, Infini, Newberg, Tech Invest Group and Varko (part of NCBiR’s science start-up funding program).
The Legnica Special Economic Zone is located in southwestern Poland, in the Dolnośląskie Voivodeship, one of the most dynamically developing areas in Poland. In 2022, she will celebrate her 25th birthday. To date, the LSEZ has 77 investors from many corners of the world and nearly 1.4 thousand hectares of investment land. In addition, LSEZ has PLN 11 billion in investments and – above all – almost 17,000 jobs – twice as many as expected by investors. In more than a quarter of a century, the area of the special economic zone of Legnica has almost quadrupled. Companies from many sectors invest here, for example the automotive, food, chemical and heating industries, and among them are well-known companies such as Volkswagen Motor Polska, Brose Sitech, Winkelmann and BASF. Currently, construction work is also underway on a billion dollar investment in Sroda Slaska – a plant for global giant PepsiCo.