Bloomberg
• Carmen Arroyo
The Defense Department’s Office of Strategic Capital has made a conditional $150 million loan commitment to LeoLabs to expand its global radar network. The radars are designed to detect, track and identify spacecraft and other objects in low Earth orbit and very low Earth orbit.
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The Defense Department’s Office of Strategic Capital has made a conditional $150 million loan commitment to LeoLabs to expand its global radar network. The radars are designed to detect, track and identify spacecraft and other objects in low Earth orbit and very low Earth orbit.
The Pentagon has committed $150 million in financing to support LeoLabs’ radar expansion. The announcement identifies a substantial defense-backed investment in the company’s space radar infrastructure, though the available report provides no details on the expansion’s scope, locations or schedule.
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