BusinessVC/PE

Integrate Space Raises $3.4M Seed Round

Image: Integrate

Seattle-based Integrate Space has closed a $3.4M seed round that will help expand its team and grow its customer roster, the company announced yesterday.

The round for the program management software company was led by Hyperplane and included participation from Riot Ventures, Ravelin Capital, and John Capodilupo.

Integrate 101: Space industry veteran John Conafay, formerly of USAF, ABL, Spaceflight, and Astranis, and technical lead Paul Reesman started Integrate last year to digitize and simplify communication and collaboration in the space industry. 

This funding round follows a $970,000 capital raise in June 2022, which helped the team get off the ground. Integrate employs eight full-timers and a handful of contractors, and its top priority now post-seed round is to scale up its team.

“We have new hires poised to match customer traction, but we’re being very diligent in our team size in this new economy,” Conafay told Payload via email. “We just opened an office in Seattle and, additionally, will be expanding our reach into many more verticals.”

That’s not all, folks

Integrate also announced two business wins: a $1.25M USSF contract and a customer agreement with Firefly.

The USSF contract: The Integrate team has a long history of working with US government projects, and it’s planning to apply that experience on this contract. US Space Systems Command awarded the contract through its Mission Manifest Office. 

“No one’s really seen a software that allows you to manage complex programs in this way before,” Conafay said. “If it’s built for everyone, it’s definitely not built for you.”

The Firefly agreement: Integrate said that it has closed several customer agreements, including a partnership with Firefly to supply program management software. Firefly, the company noted, has been selected by US Space Systems Command for the VICTUS NOX responsive launch mission to demonstrate the ability to launch on very short notice when needed.

Related Stories
BusinessVC/PE

Unseenlabs Raises €85M for Maritime Tracking

Unseenlabs, a French space company building a constellation for maritime surveillance, has raised an €85M ($92.2M) funding round that will support its expansion outside of Europe.

BusinessVC/PE

SpaceFields Closes an $800,000 Seed Round

SpaceFields, a startup building novel rocket engines and propulsion systems, has closed $800,000 in seed funding, the Bengaluru, India-based company announced yesterday.

Business

SpaceX Improves Falcon 9 Performance and Flies a Record 24 Starlink v2 Mini Satellites

After over 300 flights and 13 years in service, Falcon 9 continues to improve as SpaceX tweaks the design for higher performance. 

Business

Lockheed Shows Off its New Speed

Lockheed Martin ($LMT) is trying to buck the sluggish reputation often attributed to defense primes.