Observable Space raises $90 million and wins Space Force contract for optical systems

Observable Space develops optical systems for use in space domain awareness, laser communications and astronomy. Credit: Observable Space

AMSTERDAM — Observable Space, a company that develops optical systems for laser communications and space domain awareness, has raised $90 million and secured a U.S. Space Force contract.

The company announced May 28 it raised a $90 million Series A round led by Lux Capital and co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital and RTX Ventures. BRV Capital and Fathom Fund also participated in the round.

Observable Space plans to use the funding to support development of laser communications systems and in-space optical systems, as well as expand international partnerships.

The company develops laser communication ground systems as well as ground- and space-based optical systems. Those systems are used for applications ranging from broadband communications to space domain awareness and astronomy.