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 has raised 500 million dollars in funding at a reported valuation of 6.8 billion dollars.
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 2026. 1 In the Other Atlases
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.
View the Source 2. K2 Space: About (Company Website)
K2 SpaceAbout page, headquarters addressQuote, About page, headquarters address
1355 Sepulveda Blvd, Torrance, CA 90501
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