True Anomaly Secures $100 Million to Advance Space Security Technologies
Denver-based startup True Anomaly has raised $100 million in a Series B funding round led by Riot Ventures, with participation from several other investors. True Anomaly specializes in producing small satellites for surveillance and reconnaissance in space, primarily targeting the military and intelligence markets. The funding will be used to further advance the company's mission, including the development of its spacecraft called Jackal, training services for military satellite operators, and expanding its staff. The first two Jackal satellites are scheduled to launch in March 2024.