Full-Time
Posted on 6/27/2024
Manufactures cost-effective high-capability satellite buses
$118.7k - $200k/yr
Mid, Senior
Los Angeles, CA, USA
US Citizenship Required
K2 Space focuses on manufacturing and deploying satellite buses, which are the main structures and systems of satellites, excluding the payload. Their products allow clients to create customized satellites for various missions, including scientific research, commercial communication, and defense. K2 Space differentiates itself from competitors by breaking the traditional link between satellite mass and cost, enabling the production of large, high-capability satellites at lower prices. This approach makes advanced satellite technology accessible to a wider range of clients, including commercial enterprises and research institutions, who may have budget constraints. The company's goal is to facilitate more ambitious space missions and expand opportunities for space exploration by providing affordable satellite solutions.
Company Size
51-200
Company Stage
Series B
Total Funding
$178.5M
Headquarters
West Hollywood, California
Founded
2022
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Unlimited Paid Time Off
Parental Leave
Company Equity
K2 Space, based in Torrance, raised $110 million in Series B funding, co-led by Lightspeed Venture Partners and Altimeter Capital, bringing its total funding to $180 million since 2022. The company is scaling up production of high-power, multi-orbit satellites with a new 180,000-square-foot facility. This funding positions K2 Space to compete as demand for powerful satellites grows.
WASHINGTON - K2 Space, a satellite manufacturing startup aiming to disrupt the industry with lower-cost, high-capacity spacecraft, has raised $110 million in a Series B funding round co-led by Lightspeed Venture Partners and Altimeter Capital.
K2 Space raises $110M in Series B funding.
K2 Space announced a $110 million Series B funding round to scale production of its high-power satellite platform. The round was co-led by Lightspeed Venture Partners and Altimeter Capital. The company also celebrated the opening of a new 180,000 sq ft factory in Torrance, CA, and the success of its first in-space demonstration. K2 Space has raised $180 million in equity and secured over $50 million in contracts. The funds will be used to expand production and hire talent.
K2 Space has been awarded a $60 million contract by the U.S. Space Force for its inaugural Mega Class satellite mission, "Gravitas."