Ursa Space discloses $27.9 million equity financing from two investors
Ursa Space Systems began selling the equity financing on March 27th; the filing omits the investors, valuation and round label.
By Ryan Merket · Published
Primary source: SEC EDGAR
Why it matters
Ursa has raised a substantial equity round while disclosing almost none of its terms. The two investor names will reveal whether Maher's satellite-data aggregation model is drawing strategic capital, follow-on backing or both.
Ursa Space Systems sold $27.9 million of equity to two investors, according to a Form D filed with the SEC on July 20th, giving co-founder and CEO Adam Maher fresh capital for a satellite-intelligence business built around using other companies' spacecraft rather than owning a constellation.…
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