Antaris closes $28M Series A capital round

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Lockheed Martin's venture arm is a new investor in this five-year-old startup, which develops software for satellite makers to look at all lifecycles of missions in a digital twin environment.
Antaris, a developer of artificial intelligence assistance software for satellite makers, has collected $28 million in Series A capital from investors to accelerate the development of its flagship offering.
The company opened for business in 2021 to develop a tool for aiding in the satellite design process and helping manufacturers map out key decisions and missions across the entire lifecycle. Antaris’ vision is to help satellite operators fly the entire mission virtually in a digital twin environment before committing to any hardware choices, or even laying out the metal.
Westwave Capital, a venture fund focused on deep tech, led the Series A round announced Tuesday. Lockheed Martin’s venture capital arm also participated alongside a base of new unnamed investors.
“This investment validates our vision for software-defined space missions,” Tom Barton, CEO and co-founder of Antaris, said in a release. “We’re now in position to push the boundaries of AI-native mission design and autonomous operations, giving customers the speed, resilience, and confidence they need to succeed in contested and commercial space.”
“Virtualizing every system element is no longer just about simulation," added Karthik Govindhasamy, Antaris’ chief technology officer and a fellow co-founder . “It’s now the foundation for AI-driven autonomy, giving mission teams a faster, safer path to software-defined space.
The Antaris Intelligence platform’s touted functions include predictive design modeling, anomaly detection, constellation orchestration and autonomous on-orbit operations.
Antaris will put a bulk of the newfound investment toward further efforts at developing the platform and expanding the company’s network of partners, including satellite operators and government agencies.
Antaris is contracted to help SARsatX develop a 16-satellite constellation in Saudi Arabia and is starting out on an expansion push in Japan.