Inside True Anomaly’s $260M Raise
The $260M Series C is a monster raise for a company founded just three years ago, with a choppy history of execution, and playing in an unproven space domain awareness market.
The $260M Series C is a monster raise for a company founded just three years ago, with a choppy history of execution, and playing in an unproven space domain awareness market.
If the cuts are enacted (big if), the impact would be felt industry-wide, but it is A&D primes, like Northrop Grumman, Lockheed Martin, Boeing, and RTX, that are poised to suffer the most with the multi-billion-dollar programs squarely in the White House’s crosshairs.
Regardless of how you slice it, Golden Dome is a major undertaking, requiring far more than the $24.7B that the House Armed Services Committee recently earmarked for the program.
The funding still has a long way to go before it becomes law, and may get whittled down—but dang that’s a whole lot of golden dough.
Fast forward five years, and that $10B number seemed to be more of a nice round number for Amazon to throw out into the ether, rather than a diligently thought-out budget.
Publicly traded EO companies logged average revenue growth of just 11% in 2024—a notable slowdown from their 27% growth in 2023.
A&D Primes reported Q1 earnings this week. Tucked away in the reports were some interesting details on space.
To better understand how Trump’s tariffs will impact the space industry, we spoke with leaders from five space businesses in five different sectors (rocket, satcom, Earth observation, propulsion, and components).
The White House has sent in its preliminary NASA budget proposal, which calls for 20% (!) cuts to agency funds.
We project that SpaceX’s revenue will increase from $13.1B in 2024 to $18.2B in 2025