Led · Equity · Sep 2025

K2 Space designs and manufactures large, high-power satellites with a heavily vertically integrated supply chain that produces more than 85% of its platform in-house. The company operates a 180,000 sq ft factory in Torrance, California, configured to manufacture up to 100 satellites per year. K2 has won major commercial and national security contracts, including an initial tranche of 30 satellites for SES’s meoSphere network, work with Anduril on the Golden Dome program, and selection as the bus provider for the Space Force’s Protected Tactical Satcom-Global program. Financially, K2 has cumulatively raised over $1 billion in capital and secured over $1 billion in signed contracts. Near-term product and operational plans include launching the Trinity mission in Q2 2027 and introducing a 100 kW Giga-class satellite in the second half of 2028 to enable larger on-orbit compute and payload capacity.

Participated · Equity · Sep 2025

Cailabs designs, manufactures, and develops photonic systems that improve laser communications and other optical applications across space, industrial, telecom, and defense markets. Its proprietary atmospheric turbulence compensation technology powers optical ground stations that enhance space-based laser links. Positioned as a global deep-tech specialist, the company maintains offices in France and the United States. Management plans to scale up production capacity, reinforce its supply chain, expand internationally, and broaden the product portfolio. The firm’s expertise in laser communication has driven recent momentum in the rapidly growing space sector. While specific revenue or user metrics were not disclosed, the new financing underscores investor confidence in Cailabs’ commercial traction and future growth potential.

Led · Series B · Dec 2024

FibreCoat is a German-founded materials company that coats metals and plastics onto fibers during the fiber spinning process to combine the properties of the fibers and the coating material. Its coated fibers are engineered for strength, conductivity and recyclability and protect against radiation, heat and electromagnetic interference (EMI). The company’s products are targeted at space and defense customers—applications cited include launchers, satellites, sensors, circuits, shielding and chaff material—and it also sees demand in automotive use cases such as electric vehicles. FibreCoat has raised over €20M in a Series B to scale production and meet rising demand. The company says it has grown rapidly since its founding and intends to use the fundraise to increase production and accelerate scaling. Through a strategic partnership with NewSpace Capital, FibreCoat expects to leverage investor network and market knowledge to bring its low-cost, high-performance materials to customers.

Led · Equity · Sep 2024

ATLAS Space Operations offers Ground Station as a Service (GaaS) and Ground Software as a Service (GSaaS) through its proprietary Freedom® software, enabling unified access to a federated network of antennas. The company operates over 50 antennas across more than 34 ground stations and supports LEO, MEO, and GEO orbits for commercial, civil, and defense customers. Freedom® software centralizes antenna networks, automates communications, enables dynamic scheduling, and provides near real-time troubleshooting and rapid onboarding. ATLAS reports a 100% contract renewal rate, underscoring heavy customer reliance on its ground infrastructure. Founded in 2015, the company moved its headquarters to Traverse City, Michigan in 2017 and maintains an office in Colorado Springs, Colorado. Management cites plans to use new capital to meet rising industry demand and to execute U.S. and EMEA expansion strategies. ATLAS Space Operations provides Ground Software as a Service (G-SaaS) through its Freedom™ software platform and a global antenna network to integrate disparate ground station networks for government and commercial clients. The company positions its Freedom™ solution as an industry-disruptive software layer that federates networks and maximizes ground-station value. ATLAS plans to accelerate international growth and expand its team to deliver enterprise-level G-SaaS for commercial customers and the DoD Hybrid Space Architecture. The company intends to increase market share in the private sector while supporting government requirements. ATLAS has been recognized by the World Teleport Association as one of the top three fastest-growing teleport operators worldwide for the past two years and was named the 15th fastest-growing software company in 2020 by Inc. 5000. Its mission statement is to connect humanity through space by combining software and a global antenna network.

Participated · Equity · Mar 2024

Simera Sense is a Leuven, Belgium-based provider of end-to-end optical solutions and high-resolution, off-the-shelf cameras for the global small-satellite Earth observation market. Led by CEO Johann Du Toit, the company's cameras are used by diverse clients across a wide range of industries. Simera Sense collaborates with various European institutions and partners with other companies on New Space opportunities. A key technical focus is integrating on-board data processing embedded in the camera control electronics, which the company says would be a market first compared with typical ground-based processing. The firm plans to use the €13.5M in growth funding to further develop its product range, increase production capacity, and accelerate on-board processing capabilities. These efforts are intended to expand its product offerings and address bandwidth and communication challenges associated with ground-based data processing.