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• Sandra Erwin
K2 Space has announced a $500 million funding round at a $6.8 billion valuation, more than doubling its valuation in seven months. The satellite manufacturer is preparing to transition from orbital demonstrations to larger commercial and military orders, supported by expanded engineering capacity including a new Seattle hub.
Commercial Space
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K2 Space has announced a $500 million funding round at a $6.8 billion valuation, more than doubling its valuation in seven months. The satellite manufacturer is preparing to transition from orbital demonstrations to larger commercial and military orders, supported by expanded engineering capacity including a new Seattle hub.
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Satellite startup K2 Space, focused on building large spacecraft for data-intensive communications and defense missions, has raised $500 million in a new funding round. The investment comes as the company prepares to announce the financing at a reported $6.8 billion valuation.
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