Posted on
26/11/2020

Ile De France Region supports Exotrail

To extend our production capability

Ile De France Region supports Exotrail

Paris, the 17th of November 2020,

Exotrail has been selected last Wednesday by the Ile De France Région (Paris & Paris suburb area) as one of the winner of the "Relance Industrie" Plan (Manufacturing Recovery Plan). The Île De France Region has decided to award 42.5M€ to 75 companies in the region, in order to promote relocation of industrial companies in the area. The objective of this plan is also to create the production sites of the future with new processes and new products. 285 applications have been submitted, out of which 75 were selected and 5 invited in the Prize Ceremony, where Valérie Pécresse (President of the Île De France Région) awarded this grant to our Cofounder & COO Nicolas Heitz. Exotrail is very glad to have been selected as one of these 5 start-ups!

This 0.8M€ grant will allow us to double our facilities size in the next six months (from 550 to 1000 sqm), and create a new production line with new equipment in this facility extension. It will allow us to hire 10 people in the next twelve months only and up to 45 in the following years on this site. This grant, after the participation in our July fundraising through Karista, shows the continuous support of the Paris Île De France Région.


Our current facilities in Massy, which will get upgraded with Île De France support © Exotrail


Our planned extension - works started this Monday, only days after the Île De France announcement © Exotrail

Read full press release

Our others blog articles

Exotrail CEO joins French Presidential Delegation to India
Posted on
2/2/2024

Jean-Luc Maria, Exotrail CEO on two-day visit for India Republic day

Learn more
Exotrail and XDLINX Labs Announce First Contract for Propulsion
Posted on
26/1/2024

New Contract

Learn more
Exotrail’s electric propulsion systems to be used in Muon Space’s climate monitoring constellation.
Posted on
24/8/2023

Exotrail and Muon Space have signed their first contract

Learn more