Tech Company Financing Transactions
Atlas Space Operations Funding Round
Atlas Space Operations, operating out of Traverse City, raised $26 million from Mitsui & Co., Beringea and Boomerang Catapult.
Transaction Overview
Company Name
Announced On
8/25/2022
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Communications
Mailing Address
10850 E. Traverse Highway 3355
Traverse City, MI 49684
USA
Traverse City, MI 49684
USA
Phone
Website
Email Address
Overview
We are working to change the way an entire industry looks at space-based communications and data alike. How? By providing a revolutionary approach to satellite communications. An approach that got us listed by Morgan Stanley as a top 12 disruptor in the satellite industry. ATLAS was founded by four individuals with extensive SatCom industry experience who were fed up with the legacy approach to satellite communications. So in 2015, they founded ATLAS Space Operations on the ideal of providing a better, more affordable global communications network.
Management Team
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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