Fundraising Fox

Zenno Astronautics

13 known investors

Zenno Astronautics builds superconducting electromagnet systems that let satellites point and manoeuvre without fuel.

Also known as Zenno Β· ZENNO Astronautics

Founders & leadership

MAMax Arshavsky
Max ArshavskyinFounder
SWSebastian Wieczorek
Sebastian WieczorekinFounder

Investors Β· 13

Also in the syndicate Β· 6

ArkisysGD1 (Global From Day One)leadNew Zealand Growth Capital Partners (NZGCP) Aspire Seed FundNuance Connected CapitalUniServicesWolfgang Leitner

Company profile

researched Aug 2026

Zenno Astronautics is a space hardware company developing superconducting electromagnet systems for spacecraft attitude control, positioning and, prospectively, radiation shielding. Its first product, the Z01 "Supertorquer", is a shoebox-sized unit containing high-temperature superconducting coils arranged on multiple axes. When energised from a battery charged by the satellite's solar panels, the coils generate a magnetic field that interacts with Earth's magnetic field, producing torque and allowing the spacecraft to control its orientation relative to the planet without consuming propellant.

The company describes the approach as converting solar energy directly into useful work, giving acceleration without fuel. Beyond pointing satellites, the company has said the electromagnetic system can be used for interactions between spacecraft β€” such as orbital debris removal, docking and in-orbit servicing β€” and is compatible with existing spacecraft that carry magnetic torque rods. Zenno is also working on using magnetic fields to deflect charged-particle radiation to protect crewed or cargo spacecraft interiors. Longer term, the company has described applications for lunar infrastructure and for infrastructure between Earth and the Moon.

Zenno originated as a University of Auckland spin-off and has been headquartered in New Zealand, with a stated plan to redomicile to the United States and establish operations in Los Angeles.

Founding story

The company began when co-founder Max Arshavsky was a physics student at the University of Auckland, home to New Zealand's first Space Systems program. It was founded in 2017 with co-founder Sebastian Wieczorek on the premise that high-temperature superconductors could enable space mobility and radiation shielding using energy rather than consumable propellant.

Business model

Zenno develops and manufactures superconducting magnetic actuators as components sold to satellite owners and operators. As of 2022 the company had signed firm sales agreements with U.S.-based satellite operators worth several million dollars and planned a production facility with capacity for 1,000 electromagnetic systems per year; following the June 2025 orbital demonstration the company stated the Z01 Supertorquer was commercially ready.

Sale of hardware units (superconducting magnetic actuators) to satellite operators under sales agreements, with plans for volume manufacturing.

Traction

By August 2022 Zenno had 11 full-time employees, up from four or five at the time of the seed investment, had signed a third sales agreement with a February 2024 delivery date, and held firm sales agreements with U.S. satellite owners and operators worth several million dollars plus a constellation commitment in the pipeline. The Z01 Supertorquer was flown on Impulse Space's Mira satellite following its November 2024 launch and demonstrated in orbit in June, after which the company said the product was commercially ready.

Latest developments

Following the June in-orbit demonstration of the Z01 Supertorquer aboard Impulse Space's Mira satellite, Zenno announced on 15 July that it would redomicile to the United States and establish its headquarters in Los Angeles, planning a production facility there by September or October, growing its U.S. workforce and collaborating with industry, government agencies and universities on superconducting technologies for space and national security.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Zenno describes the Z01 Supertorquer as the world's first superconducting product for space and states it was the first company to take superconducting electromagnets to space, positioning the product as a magnetic stabilization system for satellites that replaces thrusters or conventional reaction wheel and magnetic torque rod combinations.

Unlike conventional attitude control approaches, the system consumes no propellant and is not limited by fuel, instead using solar-derived electrical energy; the use of high-temperature superconducting wire removes the current limit that constrained earlier electromagnet designs, and the resulting unit is substantially smaller and lighter than traditional systems while remaining compatible with existing spacecraft carrying magnetic materials.

Technology

The core technology is a high-temperature superconducting electromagnet (solenoid) whose wire has zero electrical resistance, allowing far larger currents β€” and therefore far stronger magnetic fields β€” than conventional wire. The magnets must be held at roughly 80 kelvin (about -193 to -200 degrees Celsius) while the satellite itself runs near 20 degrees Celsius, so the unit is wrapped in insulation layers and uses a heat pump to reject excess heat. The system is powered from a battery charged by satellite solar panels. The company states the resulting system occupies about 20 times less volume than traditional propulsion systems and describes its electromagnet technology as patented. In 2022 the technology was at approximately NASA technology readiness level 6.

Go-to-market

Direct sales agreements with satellite owners and operators, supported by an in-orbit demonstration flown as a hosted payload on a partner spacecraft (Impulse Space's Mira). Corporate investors ANA HOLDINGS and Mitsubishi Electric, via Global Brain, are intended to make the technology available in the Japanese market, and the U.S. move is aimed at access to partners, customers, investors and talent in the Los Angeles aerospace cluster.

Satellite owners and operators, including constellation operators; the Z01 is described as scaling from satellites of 50 kg up to space-station-sized vehicles. The company has cited U.S.-based satellite operators as early customers and has also targeted the Japanese market through its investors ANA HOLDINGS and Mitsubishi Electric, as well as government agencies and national-security-related work in the United States.

Geography

Founded and headquartered in Auckland, New Zealand, with a planned redomicile to the United States and a facility in Los Angeles targeted for September or October, staffed by relocating New Zealand employees plus local hires. Investors and commercial partners provide market access in Japan.

History

Zenno was founded in 2017 in Auckland, New Zealand, by Max Arshavsky and Sebastian Wieczorek, as a spin-off from the University of Auckland. It raised a NZ$10.5 million seed round in 2022 led by GD1 and Nuance Connected Capital, and in 2024 announced the first close of a seed expansion round led by GD1 that added Global Brain, investing on behalf of ANA HOLDINGS and Mitsubishi Electric. The Z01 Supertorquer flew on Impulse Space's Mira satellite, launched in November 2024 on the SpaceX Transporter-12 mission, and was demonstrated in orbit in June. In July 2025 the company announced plans to relocate its headquarters to the United States, choosing Los Angeles.

Risks & controversies

Early plans slipped relative to public statements: a first launch targeted for the fourth quarter of 2023 with D-Orbit on a SpaceX Falcon 9 rideshare, and a production facility operating by February 2024, preceded an orbital demonstration that took place in 2025 aboard a different partner's spacecraft. The technology depends on maintaining cryogenic temperatures (around -200 degrees Celsius) aboard a warm, sun-pointing satellite, and the relocation to Los Angeles involves higher costs than other U.S. cities and the movement of staff from New Zealand.

Compiled by commissioned research from 5 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Contracted sales with U.S. satellite owners and operatorsAug 2022Firm sales agreements worth 'several million dollars'
Full-time employeesAug 202211 people
Planned annual manufacturing capacity of electromagnetic systemsAug 20221,000 units per year
Seed round amount (local currency)Jan 202210,500,000 NZD
Superconducting magnet operating temperatureAug 202280 kelvin (approx. -193 to -200 C)
Technology readiness level (NASA scale)Aug 20226 TRL
Z01 addressable satellite mass rangeJan 2024From 50 kg satellites up to space-station-sized spacecraft

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 7

launches, deals, and filings
Jul 2025
Zenno announces redomicile to the United States with headquarters in Los Angeles

Zenno announced plans to redomicile to the U.S. and establish operations in Los Angeles, targeting a production facility by September or October, relocating some New Zealand employees and hiring locally.

source β†—

Jun 2025
In-orbit demonstration of the Z01 Supertorquer superconducting magnetic actuator

Zenno demonstrated its Z01 Supertorquer attitude-control actuator in orbit aboard Impulse Space's Mira satellite; the company subsequently said the system was commercially ready.

source β†—

Nov 2024
Z01 Supertorquer launched aboard Impulse Space's Mira satellite on SpaceX Transporter-12

Zenno's Supertorquer system flew as part of the Mira satellite built by Impulse Space, launched on the SpaceX Transporter-12 rideshare mission.

source β†—

Jan 2024
First close of seed expansion round adds Global Brain, ANA HOLDINGS and Mitsubishi Electric

GD1 led the seed expansion first close with significant investment from Shasta Ventures and support from existing investors Nuance, K1W1, UniServices, NZVC and NZGCP's Aspire Seed Fund. Global Brain joined the round, investing on behalf of ANA HOLDINGS and Mitsubishi Electric; Global Brain's Hidetaka Aoki joined Zenno's board as an observer. SpaceNews reports Mitsubishi Electric's Innovation Fund provided additional capital in 2024.

source β†—

Aug 2022
NZ$10.5 million (US$6.12M) seed round led by GD1 and Nuance Connected Capital

New Zealand VC firms GD1 (Global From Day One) and Nuance Connected Capital led the seed round, with participation from Shasta Ventures, NZGCP, K1W1, Wolfgang Leitner, Alt Ventures, Enterprise Angels, Arkisys and NZVC.

$6.1M source β†—

Aug 2022
Peter Crabtree named board chairman; Luca Rossettini joins as board advisor

Peter Crabtree, founder of the New Zealand Space Agency, became board chairman, and D-Orbit CEO and founder Luca Rossettini joined as an advisor to the board.

source β†—

Aug 2022
Planned first orbital launch with D-Orbit on a SpaceX Falcon 9 rideshare

Zenno said it aimed to launch a full-scale attitude control system in Q4 2023 with Italian company D-Orbit aboard a SpaceX Falcon 9 rideshare mission.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Zenno Astronautics do?
Zenno Astronautics builds superconducting electromagnet systems that let satellites point and manoeuvre without fuel.
Who founded Zenno Astronautics?
Zenno Astronautics was founded by Max Arshavsky, Sebastian Wieczorek.
Who are Zenno Astronautics's investors?
Zenno Astronautics's investors include Alt Ventures, GD1, Global Brain, NZ Growth Capital Partners, NZVC, Outset Ventures, Shasta Ventures.