Saturday, December 14, 2024

Antaris: Closes $4.2M Seed Funding Round

Antaris Closes $4.2M Seed Funding Round

  • Antaris, a Los Altos, CA-based provider of a software platform provider for space, closed a $4.2m seed funding
  • The round was led by Acequia Capital and Possible Ventures with participation from Lockheed Martin Ventures, HCVC, E2MC and Ananth Technologies
  • The company intends to use the funds to onboard new talent and accelerate development of its platform
  • The company is suited to a wide range of missions, including communications, imaging, climate study, military intelligence and academic research
  • The company has inked preliminary deals with key industry players including Ananth Technologies Limited, OHB Hellas, Phantom Space Corporation, Morpheus Space, ZES and Aphelion Aerospace
  • The first satellite, known as Janus I, is scheduled to launch in late Q3

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