True Anomaly raises $650M Series D at $2.2B valuation as Golden Dome space interceptor contracts reach $3.2B

"True Anomaly raised $650 million in Series D funding at a $2.2 billion valuation, bringing total capital raised to $1 billion since its founding in August 2022."

"The US Space Force selected True Anomaly among 12 companies for Golden Dome space-based interceptor prototype development under Other Transaction Authority agreements worth up to $3.2 billion."

"True Anomaly is the only company in that group focused exclusively on space defense, and the $650 million is a bet that the program will become the largest military space procurement in American history."

"The timing of the funding announcement is not coincidental, as it came just four days after the Space Force's selection of True Anomaly for the interceptor program."

True Anomaly, a startup focused on autonomous spacecraft for orbital combat, secured $650 million in Series D funding, raising its valuation to $2.2 billion. This funding brings its total capital to $1 billion since its inception in August 2022. The funding round was co-led by Eclipse and Riot Ventures, with participation from several new and existing investors. The announcement followed the US Space Force's selection of True Anomaly for a space-based interceptor prototype program, highlighting its unique position in space defense amidst significant cost estimates for the program.

Read at TNW | Investors-Funding