K2 Space validates its large satellite strategy with major contracts
The company leverages over $1B in signed deals to demonstrate how high-power platforms reduce customer manufacturing, launch, and operational expenses.
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High-power multi-orbit satellite platform manufacturer
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In short: K2 Space raised $500 million at a $6.8 billion valuation and tested its high-power satellites in orbit.
The company leverages over $1B in signed deals to demonstrate how high-power platforms reduce customer manufacturing, launch, and operational expenses.
The company celebrates its growth from a WeWork office to Nasdaq's Times Square tower in four years, using the funds to develop large, high-power satellites for space.
It has now raised over $1 billion and secured $1 billion in contracts for large satellites.
It will supply a large resilient GEO satellite to prime SES Space and Defense for the USAF PTS-G constellation in 2028, marking K2's first Pentagon program of record.
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Torrance's K2 Space secures a $500M Series D at a $6.8B valuation to scale production of large, high-power satellites. Discover the investment details.
K2 was valued at $3 billion in December, when it raised a $250 million Series C. At the time, the company said it had secured...
K2 Space also received a $22.9 million Space Force contract to host two Enterprise Space Terminals on its satellite buses through November 2028.
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