By Akash Sriram

(Reuters) -EnduroSat said on Thursday it has raised $104 million from investors, including Google Ventures, Lux Capital and the European Investment Council, as the Bulgaria-based company scales up production of its small and midsized satellites.

Compact satellite makers such as EnduroSat are seeing a surge in demand as governments and companies seek secure communications and Earth observation networks without the cost and complexity of mega-constellations like SpaceX’s Starlink or Amazon’s Kuiper.

EnduroSat makes satellites like building blocks with simple, modular design, which the company says allows it to assemble and test them in hours instead of months, and at much lower costs than rivals.

The late-stage funding round also saw participation from investors such as S

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