True Anomaly raises $650 million to support space interceptors for Trump's Golden Dome

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True Anomaly raises $650 million to support space interceptors for Trump's Golden Dome

True Anomaly's spacecraft, Jackal. Courtesy: True Anomaly True Anomaly , a Colorado-based startup building space interceptors for President Donald Trump 's sweeping Golden Dome project , raised $650 …

True Anomaly's spacecraft, Jackal. Courtesy: True Anomaly True Anomaly , a Colorado-based startup building space interceptors for President Donald Trump 's sweeping Golden Dome project , raised $650 million, the company said on Tuesday. The four-year-old startup is now valued at $2.2 billion and has raised a total of $1 billion. True Anomaly plans to use the capital to scale operations and nearly double its workforce to 500 employees by the end of the year. "Space is a war-fighting domain, and our adversaries are building space war-fighting capabilities at a scale that we've never seen," CEO Even Rogers told CNBC. The space race is heating up globally, driven by investor enthusiasm for the long-awaited public market debut of Elon Musk's SpaceX . Private space companies are also benefitting from heightened interest, with startups Vast and Sierra Space recently closing funding rounds of $500 million or more . At the same time, the U.S. government is returning astronauts to the moon for the first time in nearly half a century as part of its Artemis missions, and is investing to secure space. Demand for defense tools in a tense geopolitical climate is creating a massive opportunity for space firms, especially those making satellites and tools capable of tracking and intercepting rockets at closer range. President Trump is planning a massive $185 billion ballistic interceptor system, dubbed the Golden Dome, and has called to hike the defense budget to $1.5 trillion in 2027 . …

Original source: CNBC Top News

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United States Space Force · Eclipse · Golden Dome · Colorado · Donald Trump · Amazon · Project Kuiper