I'm super excited to share that we have raised $250M at a $2.3B valuation to build a LOT more AI compute capacity in orbit ๐
Thanks so much to our supporters, including Manhattan West, who led the round, and new investors,
@NVIDIA,
@Cisco_Invests,
@CedarCapital, Goanna Capital, and
@Standard_Cap, as well as continued investment from existing backers
@Benchmark,
@EQTVentures,
@Soma_Capital,
@NFX,
@SevenSevenSix, and others.
Next week,
@Starcloud_ will move into a new 100,000 square ft facility that will enable us to ramp up our production rate to 100 satellites/week.
This is just the beginning!
@EzraFeilden,
@AdiOltean๐๐ปโโก๏ธ๐๐ปโโก๏ธ๐๐ปโโก๏ธ