Tag: MEO Satellite Terminals
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K2 Space Raises $500 Million in Series D Funding Round at $6.8 Billion Valuation
K2 Space, the manufacturer of big, high-power satellites, has announced a $500 million Series D funding round at a $6.8 billion valuation. Kleiner Perkins and ICONIQ have led the round, with participation from CapitalG, Lightspeed, Altimeter, Spark Capital, Sands Capital, ARK Invest, T. Rowe Price Associates, and other existing investors. “When my brother Neel and…
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O3b mPOWER System Receives Platinum Space Sustainability Rating
O3b mPOWER, SES’s second-generation medium earth orbit (MEO) system, has been awarded the Platinum badge by the Space Sustainability Rating (SSR) Association. This is the highest possible SSR rating tier, and has been awarded to the O3b mPOWER constellation of 13 high-throughput and low-latency satellites, eight of which are already in orbit. The O3b mPOWER…