K2 Space

Manufactures cost-effective high-capability satellite buses

West Hollywood, California, United States

About K2 Space

K2 Space manufactures and sells satellite buses, which are the main structures and systems of satellites, excluding the payload. Their products allow clients to create customized satellites for various missions, including scientific research, commercial communication, and defense. K2 Space's approach breaks the traditional link between satellite size and cost, enabling the deployment of large, high-capability satellites at lower prices. This is achieved by leveraging advanced satellite technology and a team with experience from top aerospace companies like SpaceX and Blue Origin. K2 Space aims to make space missions more accessible by providing affordable satellite solutions, thus expanding opportunities for exploration and development in the aerospace sector.

West Hollywood, CaliforniaHeadquarters
2022Year Founded
$66.6MTotal Funding
SERIES_ACompany Stage
AerospaceIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Unlimited Paid Time Off
Parental Leave
Company Equity

Risks

Increased competition from established companies like SpaceX threatens K2 Space's market share.
Reliance on venture capital funding may lead to financial instability if interest wanes.
Potential delays in launching their first Mega satellite could impact reputation and trust.

Differentiation

K2 Space offers high-capability satellite buses at a fraction of traditional costs.
The company breaks the historical correlation between satellite mass and cost.
K2 Space's team includes veterans from leading aerospace companies like SpaceX and Blue Origin.

Upsides

K2 Space secured a $60M contract from the U.S. Space Force for satellite missions.
The company raised $50M to build Mega Class satellites, boosting its financial position.
Growing demand for satellite-based internet services expands K2 Space's market reach.

Funding