What Happened
Space Infrastructure Startup Secures Funding for Ground Station Expansion
Northwood Space, a space infrastructure startup, has raised $375 million in Series C funding at a $2 billion valuation. The round was co-led by Andreessen Horowitz and DFJ Growth, marking one of the largest space infrastructure rounds of the year. Northwood provides ground station-as-a-service for satellite operators, enabling them to access antenna networks without building their own infrastructure. The company’s approach uses software-defined antennas to connect satellites with earth-based networks, solving a critical bottleneck in the rapidly expanding satellite market. This development was first reported by The Tech Buzz.