07 About

We did not set out to build another adapter.

We set out to remove the reason integration takes a year. SPiN was founded in 2015 by three engineers who kept meeting the same problem: every satellite component spoke a different language, and every mission paid for the translation.

The company

Modularity as a service.

SPiN provides expertise in design, software integration and hardware integration — reducing design cost by 50%, production cost by 30%, and integration time by a year through its universal adapter, MA61C.

Beyond selling the different versions of MA61C, SPiN designs satellites in a flexible concept using model-based system engineering methodology. That combination is the service: the node, plus the engineering that knows where to put it.

SPiN democratises access to space and lets satellite manufacturers spend high-value time and money where it counts — pursuing new ventures.

Founded: September 2015, Germany
HQ: Frascati, Italy
Offices: Italy · Germany · Luxembourg · UK · USA
Funding: €1.74M raised to date
First flight: SPiN-1, May 2022
Recognition: ESA Rising Star 2024 · Techstars · ESA BIC

Founding team

Three founders, one thesis.

Ran Qedar

Chief Executive Officer

Co-founder. Led SPiN from a TU Delft student project to a company with five offices and hardware in orbit.

Giulia Federico

Chief Operating Officer

Joined the founding team early and built the operating model behind the modularity-as-a-service offering.

Saish Sridharan

Chief Technology Officer

Co-founder. Owns the MA61C architecture and the missions that prove it — SPiN-1, SPiN-2 and beyond.

They believe in us

Seed round led by Galaxia.

€1.63 million closed in January 2024, led by Galaxia — the Italian Technology Transfer Hub on Aerospace powered by CDP Venture Capital — together with Obloo Ventures, with participation from Scientifica Venture Capital and Innova Venture.

Galaxia Italian Technology Transfer Hub on Aerospace, powered by CDP Venture Capital — lead investor
Obloo Ventures Co-investor
Scientifica Venture Capital Participation
Innova Venture Participation · Lazio Innova

Accelerators

ESA BIC Bavaria European Space Agency Business Incubation Centre
Techstars Allied Space With the US Air Force, the Norwegian Space Agency and the Dutch and Norwegian Ministries of Defence
Hyperspace Challenge Resilient computing, for government, startup and university collaboration
Fit 4 Start Luxembourg’s space-track accelerator

Awards

Selected for the Top 70 Innovative Companies for Pioneers (2016) and the Top 500 Companies for Hello Tomorrow (2019). MA61C won best business solution at Startup Weekend Space (2015), the INNOSpace Masters (2016) and NewSpace Europe (2019), plus Space2Business (2022) and Space2Connect (2023).

At IAC 2024 in Milan, ESA named SPiN one of twenty “Rising Stars” companies of 2024.

Milestones

Eleven years, in order.

2015
Founded in Germany by Ran Qedar and Saish Sridharan while studying at TU Delft, with Giulia Federico.
2016
Top 70 Innovative Companies for Pioneers. MA61C awarded at the INNOSpace Masters.
2019
Top 500 Companies for Hello Tomorrow. Pitch competition winner at NewSpace Europe.
2022
SPiN-1 launches on SpaceX Transporter-5 — MA61C’s first flight. Subsidiaries open in the UK, Luxembourg and the US.
2023
Space2Connect award. SPiN named outstanding nominee in the Idea category at InnoSpace Masters.
2024
€1.63M seed round led by Galaxia. Headquarters move from Germany to Italy. ESA “Rising Stars” at IAC Milan.
2025
MA61C achieves flight heritage onboard PHOENIX 1. SPiN-2 completes integration.
2026
SPiN exhibits all four MA61C lines at IAC in Antalya and contributes to an ESA-funded modular technology project.