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Payload
• Douglas Gorman
Northwood Space raises $375 million to scale satellite ground network, reaches $2 billion valuation
Northwood Space closed a $375 million Series C to accelerate antenna production, expand its shared satellite ground network and add 400 employees over the next three years. The round values the two-and-a-half-year-old company at $2 billion and brings its total capital raised to more than $500 million.
Via Satellite
• Rachel Jewett
Northwood Space to Scale Ground Network Build-Out With $375M Funding Raise
Bloomberg
• Edward Ludlow, Sana Pashankar
Northwood Hits $2 Billion Valuation Backed by a16z, DFJ Growth
Also:
SpaceNews.com and
insidedefense.com
