Sign In
Search
Business/Financial

Spacecraft Developer Portal Space Raises $17.5 Million In Seed Round

Cal Biesecker By
SHARE:
Spacecraft Developer Portal Space Raises $17.5 Million In Seed Round
Test equipment at Portal Space Systems' facility in Seattle. Photo: Portal Space

Startup satellite developer Portal Space Systems on Thursday said it raised $17.5 million in an oversubscribed seed round that will support the full-scale demonstration of its Supernova multi-role, transorbital spacecraft expected to launch in 2026. The funding raise builds on an undisclosed pre-seed round when Portal was created in November 2021, and $5.5 million in various Small Business Innovation Research Contracts awarded by the Space Force, including for tactically responsive space. The Seattle-based company emerged from stealth a year ago.…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

U.K. Defense Firm OpenWorks Expands Into U.S. Market

Business/Financial

DoD Makes $450 Million Equity Investment In Domestic Tungsten Supplier The Elmet Group

Advanced / Transformational Technology

Edge Cybersecurity Firm TigerByte Cyber Exits Stealth With $10 Million

Army

Scarlet Dragon 26.3: Interview With Col. Paul Staeheli, G3, XVIII Airborne Corps, and Col. Tom Monaghan, Director, Joint Innovation Outpost

Trending

DoD Plans Counter-Drone Laser Shoot Off In December
Lockheed Martin Vectis To Have ‘Almost F-35 Like Capabilities’
Greenland Agreement Allows For Golden Dome System
Pentagon Program Selects 17 Companies To Compete In Drone Bomber Qualifier
Northrop Expands B-21 Production Capacity With New Utah Facility

Congress Updates

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume