menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Fortastra is raising $30 million to build satellite-protecting spacecraft

9 0
previous day

Get Quartz in your inbox

Free daily briefing on global business news.

Fortastra is raising $30 million to build satellite-protecting spacecraft

The Southern California startup launched its first 2 prototype spacecraft last week and plans to scale to hundreds or thousands of units

Fortastra, a Southern California startup, has closed a $30 million funding round to develop maneuverable spacecraft designed to protect satellites in orbit for the U.S. and its allies, according to Bloomberg.

The Torrance-based company, founded last year by former SpaceX engineer Mike Smayda, builds spacecraft engineered to identify and respond to threats against civilian and military satellites in orbit. The round was led by First In, a venture capital fund focused on security technology and advanced manufacturing.........

© Quartz