Varnapreneurs Event #38 | 30.11.2026 - Guest: Raycho Raychev, Founder and CEO of EnduroSat

Live podcast about space, bold dreams, and high technology worth billions of dollars

"It doesn't work in Bulgaria." 🙄
Tell that to the people building satellites for space in Sofia. 🛰️

🛰️ What does EnduroSat do?
It manufactures satellites - machines that orbit the Earth and look down on it. They are made on an assembly line, like cars in a factory. And clients pay for the photos and data they send.

🙋‍♂️ Who is Raycho?

He graduated in history, and the dream of space led him to France and to NASA's research center in California. In 2015, he founded EnduroSat in Sofia after about 40 investors turned him down. Today, EnduroSat is valued at over 1 billion dollars.

💥 In short:
🏠 From an attic to a 17,000 sq.m space center in Sofia
🙅 From 40 rejections to investors like Founders Fund and Google Ventures
💰 Over 350 million dollars in investments in 16 months and a valuation of over 1 billion dollars
🚀 SpaceX launches EnduroSat's satellites into space, including "Balkan-1" - the first Bulgarian satellite for Earth observation
🏆 Raycho is "Man of the Year," "CEO of the Year" according to Forbes and in the Hall of Fame of BESCO
And the former head of production for the Dragon capsule at SpaceX is now part of the EnduroSat team. 😎

🎙️ What will we talk about?

🔥 How to build a team that produces satellites?
🔥 What do the largest funds in the world look for when they decide to believe?
🔥 What can satellites do for Varna and the Black Sea?
🔥 Can a global business be produced from Bulgaria?

👥 Tag someone who…
…keeps saying "it doesn't work in Bulgaria." Or looks at the stars more than at their phone. 👇

📅 November 30, 2026 (Monday)
📍 The Brick Port, Varna
🎟️ www.varnapreneurs.com/tickets