Tech Company Financing Transactions
Atlas Space Operations Funding Round
Atlas Space Operations, based in Traverse City, secured $15 million in funding from NewSpace Capital and private investors.
Transaction Overview
Company Name
Announced On
9/5/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
NewSpace Capital (Lead Investor) (Martin Halliwell)
Proceeds Purpose
The funding will enable ATLAS to meet industry demand and manage the rapid growth it is experiencing.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sean McDaniel
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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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