K2 Space, a Torrance, CA-based firm creating a satellite tv for pc bus platform, raised $110M in Collection B funding.
The spherical was co-led by Lightspeed Enterprise Companions and Altimeter Capital, with participation from current traders Alpine House Ventures, First Spherical Capital, and others.
The corporate intends to make use of the funds to scale manufacturing, rent expertise, and convey extra parts in-house.
Led by CEO Karan Kunjur, K2 House supplies a satellite tv for pc bus platform that delivers the potential of beautiful satellites on the worth level and pace of small satellites. It just lately introduced a authorities contract for its first mission, “Gravitas”, which is designed to each exhibit the platform’s capability to function within the excessive radiation surroundings of medium-earth orbit (MEO), and carry out the primary of its form low earth orbit (LEO) to MEO electrical propulsion orbit elevate.
The Gravitas mission will carry a mixture of Nationwide Safety and business payloads, demonstrating the flexibility to execute in opposition to crucial mission areas whereas enabling all kinds of area purposes.
FinSMEs
13/02/2025
