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Fotrastra raises $30 million in Series A funding led by First In to scale maneuverable spacecraft for on-orbit security.
Amount Raised
$30 Million
Round Type
Series A
TorranceManufacturingAerospaceSatellite CommunicationInvestors
Description
Fotrastra announced the close of its $30 million Series A funding round, with participation from various investors including existing shareholders. The funding will be used to accelerate the development of on-orbit security platforms and expand engineering teams. The demand for on-orbit security is increasing, prompting Fortastra to expand its capabilities. The company aims to deliver multi-orbit security coverage effectively.
Fundz sees it the moment Fotrastra raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansFotrastra raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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