K2 Space Bags $500M Series D Round
2026-07-30
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TORRANCE, CA, K2 Space, the leading manufacturer of big, high-power satellites, announced today a $500 million Series D funding round at a $6.8 billion valuation.
Kleiner Perkins and ICONIQ led the round, with participation from CapitalG, Lightspeed, Altimeter, Spark Capital, Sands Capital, ARK Invest, T. Rowe Price Associates, Inc.*, and other existing investors.
K2 is building the largest and highest-power satellites ever flown, unlocking performance levels previously out of reach across every orbit. By scaling capability and production, K2 delivers systems ready for the most demanding missions- from national security and global communications to deep-space research- with reliable performance wherever they operate.
K2 is building the largest and highest-power satellites ever flown, unlocking performance levels previously out of reach across every orbit. By scaling capability and production, K2 delivers systems ready for the most demanding missions- from national security and global communications to deep-space research- with reliable performance wherever they operate.
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