MilitaryVC/PE

True Anomaly Raises $260M Series C

While the company has only sent three of its Jackal satellites to LEO so far, its goal is to take on higher and higher orbits with Jackal missions to GEO and cislunar space as soon as next year.

MilitarySatcomVC/PE

Lockheed Martin Invests $2M in Farcast

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.

Military

Derek Tournear Will Return to the SDA’s Helm

Dust off that nameplate: Derek Tournear is taking his corner office back. The former leader of the Space Development Agency (SDA) will return to his old job on April 17, following three months of administrative leave.