The Bad Placeqwant news | True Anomaly raised $1 billion to build weapons for a programme the Pentagon has not committed to building
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True Anomaly, a Colorado‑based startup that builds autonomous spacecraft for orbital combat, has closed a $650 million Series D round at a $2.2 billion valuation, bringing its total funding to $1 billion since its 2022 launch. The round, led by Eclipse and Riot Ventures and joined by a slate of new and existing backers, came just days after the U.S. Space Force named the company one of twelve firms chosen to develop Golden Dome space‑based interceptor prototypes under up to $3.2 billion of OTA agreements. Founded by former Air Force officer Even Rogers and colleagues, True Anomaly focuses exclusively on space defence, producing the Jackal autonomous orbital vehicle, the Mosaic software platform, and, through the Golden Dome selection, space‑based missile interceptors. While the Pentagon estimates the full Golden Dome programme at $185 billion (with independent analyses ranging to trillions), the company's future hinges on whether the costly interceptor constellation will be deemed affordable and moved beyond prototype, making its pure‑play space‑defence strategy both its greatest advantage and its biggest risk.
Read more: https://thenextweb.com/news/true-anomaly-650m-space-defence-golden-dome
True Anomaly raised $1 billion to build weapons for a programme the Pentagon has not committed to building
True Anomaly, the Colorado-based startup that builds autonomous spacecraft for orbital combat, has raised $650 million in Series D funding at a $2.2 billion valuation, bringing total capital raised to $1 billion since its founding in August 2022. The round was co-led by Eclipse and Riot Ventures, with new investors Paradigm, Atreides, G Squared, The […]