spacetoday.net: True Anomaly raises $260 million

Posted: Sun, May 4, 2025, 10:21 AM ET (1421 GMT)
True Anomaly, a defense-focused aerospace startup developing spacecraft and software for U.S. national security missions, has raised $260 million. The company announced the Series C funding round Wednesday led by venture firm firm Accel. The round is a mix of equity and debt, with Stifel Bank providing the debt portion of the raise. The company designs spacecraft that can maneuver near other satellites in orbit, technology that aligns with U.S. efforts to bolster space domain awareness and respond to potential threats in orbit. The company said the funding will support work on four missions over the next 18 months as well as development of new products and growth of the company from 170 to 250 employees.