Veoware
Veoware is a Belgian-headquartered space hardware company that designs and sells modular Control Moment Gyroscope and Reaction Wheel actuator subsystems to satellite manufacturers, operators, and space agencies for satellites in the 50-700 kg class.
- Company typePrivate
- Founded2016
- HeadquartersGuilford, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Veoware does
Veoware is a private European space hardware company, founded in 2016 and headquartered in Leuven, Belgium, with additional offices in Brussels and Guildford (UK). The company designs and sells modular attitude-control actuator subsystems for satellites — specifically a family of Control Moment Gyroscopes (microCMG for 50-250 kg satellites, miniCMG for 250-500 kg, and mediumCMG for 500-700 kg) alongside a Reaction Wheel product line (WHL-100, WHL-200, WHL-500, WHL-1000) and configurable CMG Cluster and Blended Array solutions. Its central technical claim is that CMG-based actuation enables satellites to maneuver approximately ten times faster than conventional reaction-wheel-only architectures, addressing the stated limitation that the vast majority of satellites are constrained to nadir-pointing collection.
The company's value proposition targets use cases that require non-nadir or rapid retargeting — multi-strip and multi-point imaging, off-nadir and stereo Earth observation, space situational awareness tracking, and in-orbit servicing. Veoware sells directly to enterprise customers (satellite manufacturers, satellite operators, and government space agencies) on a consultative basis, with mission-specific configuration via 'Request a mission analysis' workflows and quote-based pricing rather than published list prices. Revenue mechanics are hardware sales of flight-qualified actuator units, supplemented by EU-funded development work including an in-orbit demonstration program targeting a 2023 satellite launch.
Commercially, Veoware has raised disclosed capital of roughly $4.6 million across rounds in 2019, 2021, and 2024 from investors including Seraphim Space, the European Innovation Council, imec.istart Future Fund, Henkes & Co, Meusinvest (Noshaq), and Ostbelgien Invest. The company is positioned within a global CMG market valued at USD 1.58 billion in 2024 and projected to reach USD 3.05 billion by 2033 at a ~7.58% CAGR. Operating headcount is in the 11-50 range, and the website lists no named enterprise customers, published revenue figures, or disclosed M&A activity.
Veoware firmographics
Firmographics- Name
- Veoware
- Legal name
- Veoware
- Website
- https://veoware.space
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Veoware is a Belgian-headquartered space hardware company that designs and sells modular Control Moment Gyroscope and Reaction Wheel actuator subsystems to satellite manufacturers, operators, and space agencies for satellites in the 50-700 kg class.
- Ownership category
- akta.pro rank
Veoware industry classification
Industry- Product category
- Satellite Attitude Control Actuators
- NAICS
- Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Guided Missile and Space Vehicle Manufacturing (336414), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)
- SIC
- Guided Missiles & Space Vehicles & Parts (3760), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)
- akta.pro primary industry
- Aerospace Actuation, Hydraulics & Pneumatics Components (IMABANAC)
- akta.pro secondary industries
- Spacecraft Avionics, Flight Computers & Software (IMABACAI), Space Logistics & In-Orbit Servicing (Refueling, Tug, Debris Removal) (IMABACAM)
Keywords
Where Veoware is headquartered
LocationHeadquarters
- HQ city
- Guilford
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Veoware business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales
Revenue model
- Satellite Actuator Hardware Sales: Veoware generates revenue through the sale of proprietary Control Moment Gyroscope (CMG) systems and reaction wheel products. The company offers a range of products (microCMG, miniCMG, mediumCMG, WHL series) targeting different satellite weight classes, suggesting a product-based hardware sales model with custom configuration capabilities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Veoware product offering
Product offeringCore offering
Veoware designs, manufactures and sells modular satellite actuator hardware based on Control Moment Gyroscope (CMG) and Reaction Wheel technology. Its portfolio covers microCMG, miniCMG, mediumCMG, CMG Cluster and Blended Array configurations alongside a WHL reaction-wheel family, enabling satellites from 50–700 kg to maneuver up to ten times faster than with conventional actuators for applications including multi-strip imaging, multi-point imaging, stereo imaging, space situational awareness, and in-orbit servicing. Sales are consultative and mission-engineered for satellite manufacturers, space agencies, and satellite operators.
Product overview
Veoware offers a modular next-gen actuator technology portfolio for satellites, consisting of Control Moment Gyroscope (CMG) products and Reaction Wheel products. The CMG line includes microCMG (50-250kg satellites), miniCMG (250-500kg satellites), and mediumCMG (500-700kg satellites), plus configurable solutions like the CMG Cluster Solution and Blended Array Solution. The Reaction Wheel product family includes WHL-1000, WHL-500, WHL-200, and WHL-100 models. Together, these products enable satellites to maneuver rapidly, collect more data, and support applications including Multi-Strip Imaging, Multi-Point Imaging, Stereo Imaging, Space Situational Awareness, and In-Orbit Servicing.
Differentiator
Problem solved
Functional benefit
Products and services
- microCMG Compact Control Moment Gyroscope actuator designed for 50–250 kg satellites, enabling ten-times-faster satellite maneuvering for EO, communications and small-sat missions. Sold to satellite manufacturers and operators.
- miniCMG Control Moment Gyroscope actuator designed for 250–500 kg satellites, providing enhanced agility and torque for medium-class satellite platforms.
- mediumCMG Control Moment Gyroscope actuator designed for 500–700 kg satellites, offering high torque output for larger satellite attitude-control and maneuvering applications.
- CMG Cluster Solution Pyramid-configuration cluster of CMGs for satellite missions requiring multiple gyroscopes working in coordination to deliver enhanced agility and torque.
- Blended Array Solution Hybrid actuator solution combining CMG and reaction wheel technologies for optimized satellite maneuvering, coverage, and responsiveness.
- Reaction Wheel WHL-1000 High-capacity reaction wheel for large satellite attitude control and momentum management applications.
- Reaction Wheel WHL-500 Medium-capacity reaction wheel for medium-sized satellite attitude control applications.
- Reaction Wheel WHL-200 Compact reaction wheel for small-satellite attitude control systems.
- Reaction Wheel WHL-100 Lightweight reaction wheel designed for small satellite platforms requiring precise attitude control.
Quantifiable outcome
- Satellites can maneuver ten times faster than conventional technology
- +1 more outcomes
Companies that use Veoware
Customer profileSegments3 records
Ideal customer profiles3 records
Veoware technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature11 records
Veoware partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
Veoware competitors and assessment
Company assessmentBroad incumbents
- Honeywell Aerospace: Honeywell is an established supplier of reaction wheels, control moment gyroscopes, and attitude control subsystems for commercial, government, and defense satellites. It is a broad incumbent against which Veoware's CMG and reaction wheel portfolio directly competes on performance and heritage.
- Collins Aerospace: Collins Aerospace (an RTX business) supplies reaction wheels, CMGs, and attitude determination and control subsystems for spacecraft platforms. Comparable to Veoware as a broad incumbent in satellite actuation hardware with deep flight heritage.
- Moog Inc. Moog's space segment produces reaction wheels, CMGs, and high-precision actuators used across commercial, scientific, and defense satellites. Directly comparable to Veoware as an established actuator and attitude control supplier with broader product portfolio.
- Beyond Gravity (formerly RUAG Space): Beyond Gravity manufactures reaction wheels, mechanisms, and structural components for satellites and launch vehicles. Directly comparable as a European-headquartered incumbent in satellite attitude control hardware competing for similar primes and missions as Veoware.
- Sierra Space: Sierra Space provides spacecraft subsystems including attitude control hardware for small and larger satellites. Comparable to Veoware as a broader spacecraft subsystem provider whose portfolio overlaps in actuators and ADCS hardware.
Direct peers
- Blue Canyon Technologies (RTX): Blue Canyon Technologies produces reaction wheels and full attitude control subsystems tailored for small and CubeSat-class spacecraft. A direct peer to Veoware in smallsat-class attitude control actuators, competing for the same weight-class missions.
- GomSpace: GomSpace designs and manufactures reaction wheels and attitude control solutions for small satellites and CubeSats. Direct peer to Veoware in smallsat actuator hardware, targeting overlapping commercial and academic customers.
- AAC Clyde Space: AAC Clyde Space supplies smallsat subsystems including reaction wheels and attitude control units for the cubesat and smallsat market. Comparable to Veoware in target customer base (smallsat operators) and product category (actuators/ADCS).
- Sinclair Interplanetary (Rocket Lab): Sinclair Interplanetary, acquired by Rocket Lab, produces reaction wheels and attitude control hardware for small and medium satellites. Directly comparable to Veoware as a focused smallsat actuator supplier with overlapping customer profiles.
Emerging players
- Bradford Space (formerly Bradford Engineering): Bradford Space supplies attitude control hardware including reaction wheels and CMGs for smallsat and in-orbit servicing missions. A niche emerging peer comparable to Veoware in European-headquartered attitude control hardware for advanced satellite applications.
Market position
Strengths2 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Veoware social profiles
Digital presenceVeoware financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veoware leadership team
Management profileNumber of profiles
Veoware funding detail
Funding detailFunding overview
Funding rounds4 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veoware M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Veoware
What does Veoware do?
Veoware designs, manufactures and sells modular satellite actuator hardware based on Control Moment Gyroscope (CMG) and Reaction Wheel technology. Its portfolio covers microCMG, miniCMG, mediumCMG, CMG Cluster and Blended Array configurations alongside a WHL reaction-wheel family, enabling satellites from 50–700 kg to maneuver up to ten times faster than with conventional actuators for applications including multi-strip imaging, multi-point imaging, stereo imaging, space situational awareness, and in-orbit servicing. Sales are consultative and mission-engineered for satellite manufacturers, space agencies, and satellite operators.
When was Veoware founded?
Veoware was founded in 2016. It employs 11 to 50 people.
Where is Veoware based?
Veoware is headquartered in Guilford, United Kingdom, in the Europe region.
How does Veoware make money?
One revenue line is on record: satellite Actuator Hardware Sales.
Who are Veoware's main competitors?
Broad incumbents on record are Honeywell Aerospace, Collins Aerospace, Moog Inc., Beyond Gravity (formerly RUAG Space) and Sierra Space. Direct peers are Blue Canyon Technologies (RTX), GomSpace, AAC Clyde Space and Sinclair Interplanetary (Rocket Lab). Bradford Space (formerly Bradford Engineering) is listed as an emerging player.
Does Veoware have an API?
No public API is recorded for Veoware.
What industry is Veoware in?
Veoware's product category is Satellite Attitude Control Actuators. Its primary akta.pro industry code is IMABANAC, Aerospace Actuation, Hydraulics & Pneumatics Components, with a secondary code of IMABACAI, Spacecraft Avionics, Flight Computers & Software. Its NAICS code is 336419 and its SIC code is 3760.