K2 Space is an American satellite manufacturer based in Torrance, California, founded in 2022, that designs and builds large satellite buses the company calls Mega Class satellites, intended to deliver more power, payload capacity and propulsion at lower cost and faster turnaround than traditional aerospace manufacturers. Its first mega class satellite, Gravitas, a two ton, 20 kilowatt spacecraft carrying payload modules for multiple customers including the Department of Defense, launched on a SpaceX Falcon 9 rocket in 2026. The company announced a 250 million dollar Series C at a 3 billion dollar valuation on December 11, 2025, and a 500 million dollar Series D at a 6.8 billion dollar valuation on July 30, 2026.
Facts
Agency TypeAmerican developer of large, high-power satellite platforms 1 Founded Year HeadquartersTorrance, California, United States 2 HeadKaran Kunjur (Co-Founder and CEO) 1 Annual BudgetPrivately held; no annual revenue publicly disclosed. Raised a $250 million Series C round at a $3 billion valuation in December 2025. 1 FAQs
Which orbits does K2 Space plan to serve?
K2 Space describes networks spanning low Earth orbit to cislunar space.
K2 Space describes its work as reaching beyond a single orbit. Its company page speaks of deploying integrated satellite networks that span low Earth orbit, medium Earth orbit, geostationary orbit and cislunar space, with dynamic load balancing and mission-specific routing across them. The same page also mentions building autonomous relay networks in cislunar and interplanetary space to form a deep-space data backbone.
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Sources
1. PR Newswire: K2 Space Raises $250M Series C
PR NewswirePR Newswire release, opening sentence
today announced a $250 million Series C at a $3 billion valuation
PR Newswire release, company background paragraph
K2 was founded in 2022 on a single thesis: the rise of launch vehicles like Falcon 9, Starship and New Glenn
PR Newswire release, CEO quote
"Our north star is simple," said Karan Kunjur, Co-Founder and CEO. "If we build these platforms well, we get to ask new questions about what's possible in orbit."
PR Newswire release, opening sentence, supporting the existing entity-description
K2 Space, the California-based developer of large, high-power satellite platforms, today announced a $250 million Series C at a $3 billion valuation, accelerating delivery of a new generation of spacecraft built for the heavy-lift era.
PR Newswire release of December 11, 2025, release header publication date
Dec 11, 2025, 08:52 ET
View the Source 2. K2 Space: About (Company Website)
K2 SpaceAbout page, headquarters addressQuote, About page, headquarters address
1355 Sepulveda Blvd, Torrance, CA 90501
View the Source PR Newswire: K2 Space Raises $500M Series D
PR NewswirePR Newswire release of July 30, 2026, opening sentence
K2 Space, the leading manufacturer of big, high-power satellites, announced today a $500 million Series D funding round at a $6.8 billion valuation.
PR Newswire release of July 30, 2026, release header publication date
Jul 30, 2026, 10:15 ET
View the Source Orbit Codex: K2 Space organization record
Orbit CodexIn Group: United States Satellite Manufacturers, OverviewQuote, In Group: United States Satellite Manufacturers, Overview
K2 Space is a spacecraft manufacturer notable for developing large, high-power satellite platforms
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