6488c18d0c
- Source: inbox/queue/2026-04-07-starfish-space-110m-series-b-orbital-servicing.md - Domain: space-development - Claims: 1, Entities: 1 - Enrichments: 0 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Astra <PIPELINE>
35 lines
No EOL
1.8 KiB
Markdown
35 lines
No EOL
1.8 KiB
Markdown
# Starfish Space
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**Type:** Company
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**Domain:** space-development
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**Status:** Active
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**Founded:** ~2019
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**Focus:** Orbital servicing, satellite life extension, end-of-life disposal
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## Overview
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Starfish Space develops Otter spacecraft for on-orbit servicing including satellite docking, life extension, repositioning, and end-of-life disposal. The company has transitioned from technology demonstration to operational missions with substantial government and commercial contract backlog.
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## Key Products
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- **Otter spacecraft:** Service vehicle designed for satellite docking, life extension, repositioning, and disposal operations
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## Funding
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- **Total raised:** $150M+ across all rounds
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- **Series B (April 2026):** $110M led by Point72 Ventures with Activate Capital and Shield Capital as co-leads
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## Contracts
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- **Space Force:** $37.5M satellite docking demonstration
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- **Space Force:** $54.5M dedicated Otter servicing vehicle
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- **Space Development Agency:** $52.5M constellation disposal
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- **NASA:** $15M defunct satellite inspection
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- **Commercial:** SES satellite life extension services
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- **Total contracted backlog:** $159M+
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## Operations
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- First operational Otter mission launching 2026
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- Contracted work executing, not aspirational
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## Timeline
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- **2026-04-07** — Announced $110M Series B led by Point72 Ventures. Total contracted backlog exceeds $159M across government and commercial customers. First operational Otter mission launching 2026.
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## Significance
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Starfish Space represents the orbital servicing market's transition from speculative to operational, with contracted revenue ($159M+) exceeding capital raised ($110M Series B). The Space Development Agency disposal contract ($52.5M) is the first commercial contract for military satellite end-of-life management. |