Katalyst Space Technologies plans to launch its first Nexus GEO satellite servicing mission in 2027. Credit: Katalyst Space Technologies
WASHINGTON — Satellite servicing startup Katalyst Space Technologies has raised $12 million for a geosynchronous orbit demonstration as its mission to boost the orbit of a NASA observatory nears launch.
Katalyst announced June 16 that it closed a funding round led by Geodesic Capital with participation from Fortitude Ventures and other investors.
The company said the funding will support development of its first Nexus spacecraft for servicing satellites in geostationary orbit. That mission is scheduled to launch in 2027 on an Ariane 6.
Nexus-1 will initially approach a U.S. Space Force satellite and install a space domain awareness sensor on it, the company said earlier this year. It will also conduct additional rendezvous and proximity operations with national security spacecraft before providing services to commercial customers.
