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K2 Space Awarded $60M STRATFI Contract for Groundbreaking Proliferated MEO Mission

Dec 19, 2024•over 1 year ago

Contract Type

contract

West HollywoodInformation Technology

Description

K2 Space has signed a contract with the U.S. Space Force for a groundbreaking mission named "Gravitas," with a total value of $60 million. The mission aims to demonstrate the ability of the Mega Class satellite bus to proliferate across all orbits, with key demonstrations in Low Earth Orbit (LEO) and Medium Earth Orbit (MEO).

Company Information

Company

K2 Space

Location

8605 SANTA MONICA BLVD #20573

West Hollywood, California, United States

About

K2 Space is developing a high-powered, low-cost satellite bus platform that delivers the capability of exquisite satellites at the price point and speed of small satellites. Redesigned from the reaction wheel up, the K2 bus multi-manifests ten satellites per launch vehicle, is made to handle the harsh environment of MEO and GEO, and has the highest power electric propulsion system ever flown – making it the platform for Proliferated LEO, Proliferated MEO, and Proliferated GEO. K2 Space was started by a team of former SpaceX engineers and has raised $72M in venture capital to date, with the backing of leading funds like Altimeter Capital and First Round Capital.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.