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Satellite servicing startup raised $110M Series B in Apr 2026; Otter spacecraft completing first operational mission in 2026 with 5 named customers including SES, NASA, and three US Space Force contracts; three successful orbital demonstrations completed.
Starfish Space is a Washington-based startup building the Otter spacecraft for on-orbit satellite servicing, including docking, relocation, inspection, and life extension of satellites. The company closed a $110 million Series B in April 2026, led by Point72 Ventures and co-led by Activate Capital and Shield Capital, bringing total funding to over $150 million.
Extra-large satellite company raised $250M Series C at $3B valuation with $500M+ in signed contracts; first Gravitas satellite with 40-meter wingspan and 20kW power launched March 2026; founded by ex-SpaceX engineers targeting defense and commercial markets.
K2 Space is a Torrance, California-based company building extra-large, high-powered satellites for orbital computing, communications, and defense. Founded by brothers Karan and Neel Kunjur, both former SpaceX engineers, K2 raised $250 million at a $3 billion valuation in its Series C round and has signed over $500 million in commercial and government contracts.
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