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.
Led by Tom Barton, Co-Founder and CEO, and Karthik Govindhasamy, Co-Founder and Chief Technology Officer, Antaris provides the Open Space platform, which includes modular satellite design tools, True Twin™ virtual satellites, integration with verified manufacturing partners and interfaces to a comprehensive suite of mission control solutions.
Antaris 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.
FinSMEs
13/08/2022