The four-year-old small satellite maker has more financial resources for the development of its Earth intelligence gathering platform and to acquire another company.
Advantage Capital is investing in the 12-year-old contractor through Empower The Change, a fund started in 2022 to exclusively provide capital to minority-owned businesses.
Substantially all of the proceeds will go toward Starlab, which the six-year-old company is offering NASA as a replacement for the International Space Station.
The venture arms of Booz Allen Hamilton, Lockheed Martin, Science Applications International Corp. and RTX feature in this snapshot of new investment rounds focused on automation, facility access, semiconductors and space.
RTX Ventures and Airbus Ventures are returning as investors to support the next phase of this startup's strategy for revolutionizing space transportation.
The defense tech industry is being forced to be more creative than it has been in recent times. But as GRVTY's CEO Katie Selbe explains to us, this new company is just fine with that.
The private equity firm adds another founder-led company to its portfolio of companies in the government market, the newest of which focuses on helping intelligence operators work with data.
The company is undertaking its initial public offering in major part to help fund Starlab, a space station it is developing under contract with NASA, with nearly all post-IPO prospects hinging on that project's success or failure.
The acquirer is looking to strengthen its artificial intelligence, cloud and cyber offerings for national security and geospatial intelligence customers.
The company started in 2018 and is moving away from prototyping of its batteries to manufacturing them for use in space, the polar regions and deep seas.
The world’s largest defense company led this round to continue its involvement in the solid rocket motor maker, while Boeing Ventures also is staying in.
