True Anomaly Raises $100M Series B to Build Space Security Tech

The company specializes in building sustainable spacecraft and software systems designed to foster a transparent space environment.

Published on Dec. 12, 2023
True Anomaly Raises $100M Series B to Build Space Security Tech
A rocket is shown taking flight.
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True Anomaly, a Centennial-based company focused on space security, has raised $100 million in a Series B funding round led by Riot Ventures. The funding will support the company’s mission of developing advanced hardware and software systems for sustainable space security. True Anomaly aims to address space domain awareness, security and readiness challenges through its dynamic software applications and on-orbit spacecraft capabilities.

The company’s products and services include solutions for space operator training, capabilities testing and rapid response missions. True Anomaly was founded in 2022 and has succeeded in opening a spacecraft manufacturing facility and doubling its staff from 50 to 100 in its first year of operations. It also recently completed the build and integration of its first two autonomous orbital vehicles which are scheduled to launch in 2024.

The company’s goal is to provide the U.S. and its allies with tools for a more secure and transparent space environment as space becomes a potential stage for global competition. The recent funding round will enable True Anomaly to continue investing in expanding its team and advancing its products and services.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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