, which builds infrastructure that lets satellites communicate with Earth, announced Tuesday that it has raised $100 million in a Series B funding round.
led the financing, which was co-led by and included participation from , , , , and others.
The latest round is the Torrance, California-based startup鈥檚 second in just over nine months, after it raised last April. It has now raised a total of over $136 million since its 2023 inception.
Its funding comes amid red-hot investor interest in space tech. Global venture funding to the sector last year totaled $14.2 billion 鈥� more than double the annual totals in 2023 and 2024 鈥� per SA国际传媒 . Funding recipients reliably include a mix of defense tech, satellite and rocket developers, and startups finding innovative use cases for geospatial data.
Satellite infrastructure
Co-founded by former TV star , Northwood Space describes itself as an end-to-end ground infrastructure provider.
The company said the latest round follows 鈥渕illions in signed contracts,鈥� including a $49.8 million contract with the to support the Satellite Control Network. The SCN, according to Northwood, is 鈥渢he critical infrastructure used for launches and early satellite operations, to track and control satellites, and to provide emergency support to tumbling and lost satellites.鈥�
鈥淏y vertically integrating the entire ground stack, we can collapse what used to take years into months, and what took months into days,鈥� the company said in .
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