Antaris, a Los Altos, CA-based software platform provider for space, announced the company has closed a $4.2 million seed funding.
The round was led by Acequia Capital and Possible Ventures, with participation from Lockheed Martin Ventures, HCVC, E2MC, and Ananth Technologies.
Funding will primarily be used to onboard new talent and accelerate the development of the Antaris Open Space platform, which includes modular satellite design tools, True Twin™ virtual satellites, integration with verified manufacturing partners, and interfaces to a comprehensive suite of mission control solutions.
Company: Antaris, Inc.
Raised: $4.2M
Round: Seed Round
Funding Month: Aug 2022
Lead Investors: Acequia Capital and Possible Ventures
Additional Investors: Lockheed Martin Ventures, HCVC, E2MC, and Ananth Technologies
Company Website: https://antaris.space/
Software Category: Open Space platform
About the Company: Antaris, is the developer of a digital software platform-as-a-service intended to make satellite building and managing easy. Antaris dramatically simplify the design, simulation, manufacturing, and operation of satellites, giving customers the flexibility and security to ensure mission success. Antaris brings New Space thinking to an Old Space world, solving the most pressing challenges for our industry to improve time-to-orbit and reduce cost. The company's platform offers a software-defined open satellite platform to seamlessly design, build, and manage satellites with an approach to remove friction in the value chain, enabling clients with configuring, building, and managing the satellites efficiently and effectively. Antaris' offerings include modular satellite design tools, True Twin virtual satellite, integration with manufacturing partners, and access to complete mission control solutions.
Source: https://www.prnewswire.com/news-releases/satellite-software-innovator-antaris-announces-close-of-4-2-million-seed-funding-round-to-accelerate-development-of-software-solutions-for-space-301602038.html?tc=eml_cleartime