Starfish Space Raises $100M to Expand Satellite Servicing Missions
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Starfish Space, a satellite-servicing company, has raised $100 million in Series B funding to expand its satellite-servicing missions. The funding will be used to ramp up its projects, tackle mission contracts, and hire more staff as demand increases.
Starfish Space, a satellite-servicing company based in Tukwila, Washington, has raised $100 million in Series B funding. The company plans to use the funds to expand its Otter business line, a satellite-servicing vehicle designed to keep geostationary satellites running longer and handle safe disposal of satellites in low Earth orbit. Starfish has already launched three demo missions into space, including the Remora mission and Otter Pup 2 mission. The company works with big names like SES, the U.S. Space Force, and NASA, showing real demand for satellite servicing. With this funding, Starfish aims to launch its first full Otter operational missions before the year's end and broaden its offerings to address a wider range of client needs.
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