K2 Space Raises $250M, Hits $3B Valuation for Giant Satellites

K2 Space Secures $250M Series C at $3B Valuation to Scale ‘Mega Class’ Manufacturing – SatNews

TORRANCE, Calif. — Satellite manufacturer K2 Space has closed a $250 million Series C funding round, valuing the company at $3 billion as it prepares to mass-produce its “Mega Class” spacecraft. The round was led by Redpoint Ventures, with participation from Alpine Space Ventures, Altimeter Capital, Lightspeed, and accounts advised by T. Rowe Price Associates. K2 Space’s GRAVITAS satellite undergoes final integration before its March 2026 flight…

K2 Space Raises $250M, Hits $3B Valuation for Giant Satellites

Orbiting Behemoths: K2 Space’s Quarter-Billion Dollar Leap into Mega-Satellite Innovation In the rapidly evolving realm of space technology, a Los Angeles-based startup is making waves with an ambitious plan to revolutionize satellite manufacturing. K2 Space, founded by brothers Karan and Neel Kunjur in 2022, has secured a staggering $250 million in fresh funding to scale up production of what it calls “Giga” satellites—massive orbital platforms…