Satellites spend an average of one-third of their life in shadow.

Satellites require batteries to keep operations running during periods of darkness.

Mantis Space raised $10 million in seed financing as it exited stealth.

Mantis Space aims to launch its system in early 2028.

Mantis Space has received approximately $25 million in support from New Mexico and the city of Albuquerque as a combination of cash and tax incentives.

Rule 1 Ventures led Mantis Space's seed funding round and the round included funds from Mantis incubator Montauk Capital.

Mantis Space is developing technology to beam solar power from one satellite to another.

Mantis Space's first-iteration payload is expected to have as many as four laser beams per satellite to power multiple customer spacecraft simultaneously.

Mantis Space's beamed energy system uses military-grade lasers and a wavelength optimized for power generation to achieve energy 20% to 30% more efficient than sunlight.

Mantis Space will use the seed funds to complete development of its prototype payload and to grow its workforce.

Mantis Space plans to centralize and distribute solar power on orbit by flying satellites with large solar arrays at higher altitudes and using laser beams to send energy to customer satellites flying in Earth's shadow.

John Sandusky has worked on optical engineering projects at NASA’s Jet Propulsion Laboratory, Accent Optical, and Sandia National Laboratories.

Hugh Wyman Howard III is co-founder, chairman, and Chief Strategy Officer of Mantis Space.

John Sandusky is Chief Engineer at Mantis Space.

John Sandusky spent 24 years at Sandia National Laboratories beginning in 1997.

Eric Truitt is co-founder and CEO of Mantis Space.

Mantis Space’s orbital power infrastructure is intended to allow satellites to remain in revenue-generating mission areas instead of chasing sunlight.

Mantis Space aims to build a constellation that continuously generates and transmits solar power to satellites in Earth’s shadow so they can receive power around the clock.

Eric Truitt assisted with BlueHalo’s sale to AeroVironment while serving as a vice president at BlueHalo.

Jeremy Scheerer served as vice president of defense systems at analytics firm MapLarge.

Mantis Space emerged from stealth and raised a $10 million seed round of funding.

Rule 1 Ventures and Montauk Capital led Mantis Space’s $10 million seed round.

Greg Brady is Chief Optical Engineer at Mantis Space.

Hugh Wyman Howard III is a retired U.S. Navy rear admiral who served in the military for 32 years and at one point was director of operations of the National Geospatial-Intelligence Agency.

Hugh Wyman Howard III serves on several corporate boards.

Eric Truitt previously co-founded satellite manufacturer Terran Orbital, which Lockheed Martin acquired, and its subsidiary PredaSAR.

Jeremy Scheerer served as a program manager for foreign military sales at the U.S. Air Force.

The $10 million in seed funding will support hiring and go-to-market operations at Mantis Space’s new headquarters in Albuquerque, New Mexico.

Jeremy Scheerer led research and development programs in threat intelligence and analytics at the Georgia Tech Research Institute.

Jeremy Scheerer is co-founder and Chief Operating Officer of Mantis Space.

Greg Brady held lead roles working on Apple’s Face ID system and the James Webb Space Telescope.

Voyager Technologies reported a fourth quarter 2025 non-GAAP adjusted loss of $21.7 million and a non-GAAP adjusted loss per share of $0.37.

Voyager Technologies advanced development of Starlab by achieving ten NASA milestones in 2025, four of which occurred in the fourth quarter, and 31 milestones to date.

Voyager Technologies’ Space Solutions segment generated full year 2025 net sales of $47.6 million, a 36% decrease year over year.

Voyager Technologies reported fourth quarter 2025 Non-GAAP Adjusted EBITDA of negative $21.8 million and full year 2025 Non-GAAP Adjusted EBITDA of negative $69.9 million.

As of December 31, 2025, Voyager Technologies’ total backlog of $265.6 million included $146.1 million of funded backlog from signed contracts with remaining work.

Starlab received $9.5 million in cash from NASA in the fourth quarter of 2025 for milestone achievement.

Voyager Technologies’ fourth quarter 2025 net sales included 63% growth from the Defense and National Security segment.

Voyager Technologies completed five strategic acquisitions in 2025, including ExoTerra Resource and Estes Energetics during the fourth quarter.

Voyager Technologies reported full year 2025 net sales of $166.4 million, up 15% year over year.

Voyager Technologies received $56.0 million in cash milestone proceeds for Starlab during 2025 and $183.2 million inception-to-date.

Voyager Technologies recorded a record year-end total backlog of $265.6 million for 2025, a 33% increase over the prior year.

Voyager Technologies’ Defense and National Security segment generated fourth quarter 2025 net sales of $35.7 million, an increase of $13.7 million or 63% year over year, primarily driven by progress on the Next Generation Interceptor program and an undisclosed program.

Voyager Technologies’ Space Solutions segment generated fourth quarter 2025 net sales of $12.5 million, a decline of $5.2 million or 29% year over year primarily due to the anticipated conclusion of a multi-year service contract with NASA.

Voyager Technologies ended full year 2025 with total liquidity of $704.7 million, a 15% sequential quarterly increase.

For the three months ended December 31, 2025, Voyager Technologies’ innovation spend was 21.9% of net sales excluding Starlab and 132% on a consolidated basis.

Voyager Technologies reported a full year 2025 non-GAAP adjusted loss of $82.4 million and a non-GAAP adjusted loss per share of $2.05.

Voyager Technologies delivered fourth quarter 2025 net sales of $46.7 million.

Starlab is a Voyager-led, majority-owned joint venture developing a commercial replacement for the International Space Station and does not generate revenue today nor is expected to generate revenue in the near term.

Voyager Technologies increased its 2026 revenue guidance to a range of $225 million to $255 million based on a record year-end backlog of $265.6 million.