VOS closes €10M series A and rebrands to Latitude

French launch startup Venture Orbital Systems (VOS) has closed a €10M ($10.4M) Series A. The round was led by Crédit Mutuel Innovation and Expansion, which were joined by BPI, Comat, Nicomatic, and ADF.

VOS is developing its two-stage Zephyr launch vehicle capable of deploying 100+ kg payloads to LEO. The company is currently targeting 2024 for a maiden flight.

The Series A funding will be utilized to continue the development of the company’s Navier engine. This will include the construction of a test bench, which is currently underway, and a hot fire test at ArianeGroup’s facilities in Vernon towards the end of the year. The funding will also be used to progress the development of Zephyr’s tanks, structure, fairing, and onboard electronics and software. 

A new name and a new look

With new money comes a new name—VOS has decided to call itself Latitude. CEO Stanislas Maximin told Payload that the rebranding will ensure the company isn’t constrained by its image to only offering launch services.

“We want to make our company not only a launch provider, but also a space mobility and a general space technology company,” said Maximin.

When selecting the new name, the team had two main criteria:

  • A simple one-word name
  • A French word that is also pronounceable and understandable in English

And thus, Latitude was selected. The name, according to Maximin, “can also be interpreted as representing all the latitudes that we can reach with our services.” 

Related Stories

FAA Announces New Committee To Evaluate Launch Regs

The FAA is establishing a new committee to improve its launch licensing requirements after industry officials complained that the agency’s 2021 update made life more difficult.


Swiss Start-up Studying Satellite Refueling for UK

The UK Space Agency has tapped in-orbit servicing start-up ClearSpace to research satellite refueling, taking a step toward the British agency’s commitment last fall to invest in space sustainability. 


Russia Pursues New ASAT Capability Amid Declining Space Program

The news of Russia pursuing a new ASAT capability comes nearly two years after its invasion of Ukraine, which sparked international sanctions that harmed the nation’s economy and placed a strain on its once-great space program. 


Japan’s H3 Rocket Reaches Orbit on its Second Flight

The second launch is the charm for Japan’s next-gen heavy-lift H3 rocket.