President Donald Trump’s executive order calling for a new, satellite-based missile defense architecture around the continental US has defense contractors salivating, but questions about the cost, capabilities, and requirement for such a system remain unanswered.

Leaders from L3Harris argued that the company has already demonstrated many technologies that will be central to the Golden Dome architecture.

The president wants a Golden Dome missile defense system, and the space industry is standing ready to get him one.

“I’m very hopeful that the case the Space Force marks means a lot of that money will come back into our budget,” he said, adding that the Trump administration’s “Golden Dome” missile defense proposal could actually lead to national security space programs getting more resources.

Farcast’s technology aims to increase the US military’s satcom connectivity, especially for highly mobile troops. The company’s main competitive advantage, however, may lie in its high-quality user terminals produced at low cost.

Alpine Space Ventures and a16z led the round, which also included participation from Also Capital, Founders Fund, and Stepstone.

Index Ventures and Interlagos led the round, which also included participation from Breakthrough Energy Ventures, Andreessen Horowitz, NEA, and actor Jared Leto, among others.

Magdrive’s thruster uses electricity gathered from solar panels to turn its solid metal propellant into hot plasma, which is then ejected from the thruster to provide movement in microgravity.