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“Foundation Capital”
Loft Orbital Raises $13 Million for “Satellite as a Service” Operation

Loft Orbital has raised a $13 million Series A round led by Foundation Capital. The San Francisco-based company provides end-to-end service by integrating payloads onto standard microsat buses. Loft Orbital also manages the launch and operations of the satellites. “Loft’s basic value proposition is twofold. First, for customers who don’t have space-industry expertise but want the benefits of sensing and communications from space, Loft provides white-glove service,” Foundation Capital General […]

  • Parabolic Arc
  • November 16, 2019