Highlights:
- True Anomaly Inc. is making an effort to address the issue of the space systems of today being frequently out-of-date and highly vulnerable to physical and cyber threats.
- Progress must be made much more quickly than the seven to ten years that legacy military space programs currently require.
True Anomaly Inc. emerged from stealth mode recently to announce raising USD 30 million in a funding round, including the recent USD 17 million Series A round.
Dedicated to creating spacecraft and software solutions to safeguard American commercial and military interests in space, True Anomaly was established in early 2022 by former military operators and engineers. Its platform integrates satellite, navigation, and data-capture technologies to provide security and training for the quickly evolving space market.
The company is making an effort to address the issue of today’s space systems being frequently out-of-date and highly vulnerable to physical and cyber threats. According to the company, space security threats are increasing exponentially as space technology evolves and the cost of entering space continues to fall.
True Anomaly claims that its team is well aware of the growing international risks and the urgency to address them. True Anomaly will enable the United States and its allies to understand space activity, train combat-ready forces, deploy resilient systems, and compete responsibly by constructing an integrated technology stack.
Even Rogers, Co-founder and CEO of True Anomaly, stated ahead of the announcement, “Space-based technologies have played a pivotal role in enabling the U.S. to employ instruments of national power, and it’s imperative that we invest in upgrading and protecting those technologies. We need to address the capability asymmetry that has emerged in the space domain in the last two decades as the U.S. and its allies have focused military efforts primarily on Counterinsurgency Operations.”
According to Rogers, the United States and its allies would be more vulnerable should a conflict involving space break. So, quick action is needed to address space security. Attacks on spacecraft in such a conflict could have disastrous debris-generating effects.
Rogers continued that the public and private sectors must work together to address the serious national security space challenges. Progress must be made much more quickly than the seven to ten years that legacy military space programs currently require.
True Anomaly created its first spacecraft, the Jackal Autonomous Orbital Vehicle, in the year since it was established. It has also opened a 35,000-square-foot factory in Denver and hired 57 workers. True Anomaly intends to validate Jackal’s technical and operational capabilities with the help of the most recent funding and make the necessary investments to scale production later this year.
Riot Ventures LLC, Space. V.C. Inc., Champion Hill Ventures LLC, and Narya Inc. also participated in the Series A round, which Eclipse Ventures LLC led.