Kapta Space raises $24 million for orbital radar technology
Article image: SpaceNewsKapta Space develops radar payloads intended to track moving ground targets from satellites. SpaceNews reports that the Seattle startup has raised $24 million to advance this military-focused technology. The funding supports development rather than establish that an operational satellite radar network is already deployed.
DTT summary based on SpaceNews's report. The full article is on the publisher's site.
Round details
Round
$24M Series A; $30M total funding, according to the company release
Lead and co-lead
Washington Harbour Partners; Bison Ventures
Participants
MetaVC, MYDA Capital, Entrada Ventures, Aurelia Foundry, FitzGate Ventures
Contracts
Multiple classified MTI contracts reported by the company
Status
Flight qualification and first orbital demo still ahead; not an operational radar network