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Company team photo: Fortastra / PR Newswire

Fortastra raises $30 million Series A for orbital-security spacecraft

Company team photo: Fortastra / PR Newswire

Fortastra announced a $30 million Series A on October 8, led by First In with participation from Upfront Ventures, Space Capital, Rsquared, Side Door Ventures and ATX Ventures, alongside other new and existing investors. The Torrance, California startup develops manoeuvrable spacecraft, relative navigation, guidance and onboard autonomy for on-orbit security. Funding will expand engineering, manufacturing and test capability and support more capable spacecraft prototypes following Watchdog V0. The source reports launches of initial spacecraft, but full mission capabilities and defensive mechanisms are not publicly disclosed. Planned high-rate production and persistent multi-orbit coverage are future ambitions, not established deployment scale. This is an October 8 announcement subsequently covered on October 14, not a newly announced round on October 14.

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DTT summary based on Fortastra / Via Satellite's report. The full article is on the publisher's site.

Round details
Round

$30M Series A · announced October 8

Lead

First In

Development

Spacecraft, relative navigation, GNC and autonomy

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