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K2 Space raises $500 million in Series D funding at a $6.8 billion valuation. The Torrance-based company is expanding production of large commercial and military satellites.
K2 Space announces a $500 million Series D at a $6.8 billion valuation to scale manufacturing of large, high-power satellites. Kleiner Perkins and ICONIQ co-lead the round.
K2 Space opens an engineering office in the Seattle region to support manufacturing scale-up of large, high-power satellites. The expansion follows its first mega-class spacecraft reaching orbit.
K2 Space will supply SES with the satellite platform for the Space Force’s PTS-G protected tactical satcom program. The selection expands K2 Space’s role in military geostationary-orbit satellite buses.