K2 Space Corporation raises $500M
- Company
- K2 Space Corporation
- Round
- Series D
- Amount
- $500M
- Market
- United States
- Region
- North America
- Investors
- Kleiner Perkins, ICONIQ Growth, CapitalG, Lightspeed Venture Partners, Altimeter, Spark Capital, Sands Capital, ARK Invest, T. Rowe Price Associates
- Announced
- July 30, 2026
What happened
K2 Space closed a $500M Series D round to scale production of large, high‑power satellites; the company said the financing brings its valuation to roughly $6.8–7.0 billion and follows large contracts (including with SES).
Why it matters
Large, comms‑capable satellite manufacturers attracting sizable venture capital signals continued investor backing for satellite connectivity infrastructure — expanding supply for operators and NTN/space‑based connectivity providers while lowering risk for large commercial satcom programs.
Source: Via Satellite (SatelliteToday)
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