Industrious Ventures

We are an early-stage VC fund backing founders reinventing the most critical industries, from deep sea to deep space.

[Industrious Ventures @IndustriousVC]

Happy Friday!

A few headlines from across the i(v) portfolio this (very busy) month:

• Lunar Outpost secured a $220M NASA contract for its Pegasus Lunar Terrain Vehicle and raised an oversubscribed $30M Series B.
• Voyager Technologies won a $16.5M DARPA contract.
• Antares secured long-term HALEU supply through a partnership with Urenco.
• Stoke Space moved into live flight hardware testing in Moses Lake.
• Solestial, Inc. signed an acquisition agreement with York Space Systems.
• Starfish Space announced the docking partner for its upcoming Otter Pup 2 mission.
• Amca announced a $300M Series B.
• Turion Space was identified as a performer supporting the Space Force's space-based interceptor effort.

Congratulations to the founders and teams advancing some of the most important sectors shaping the future of national capability and industrial infrastructure.

[Industrious Ventures @IndustriousVC]

Congrats to @LunarOutpostInc on @NASA selecting Pegasus under the agency’s Lunar Terrain Vehicle Services contract, marking the first human-rated lunar mobility system since Apollo!

Ad lunam! → https://t.co/KjJJBIxwNJ

[Lunar Outpost @LunarOutpostInc]

Artemis Astronauts, meet your new ride: Pegasus.

@NASA has selected Lunar Outpost's Pegasus for a High Achievability Mission task order under its Lunar Terrain Vehicle Services (LTVS) contract, marking the first human-rated mobility on the Moon since Apollo. This award confirms Lunar Outpost’s leading role as the next generation mobility and infrastructure provider to advance permanent lunar operations.

The Lunar Outpost Pegasus LTV provides critical surface mobility for Astronauts operating at the Moon’s South Pole, expanding how far and long crews can traverse and operate on the lunar surface. Pegasus is designed to support a range of mission profiles, including site exploration, foundational science operations, resource prospecting, and surface site preparation as NASA lays the groundwork for a permanent human presence on the Moon by 2030.

The development of Pegasus was led by Lunar Outpost, in partnership with collaborators @GM, @goodyear, and @LeidosInc. The team combines proven heritage with decades of experience in advanced engineering, automotive industrialization, and human spaceflight.

Read more: https://t.co/KUCyazonYO

#TheNextLeap #LunarOutpost #DrivingArtemis #SpaceTech #Innovation

[Taylor Sargent @TaylorCSargent]

A friend recently gifted me these NASA Apollo-inspired Nikes. There’s a quote on the heel that says, “Don’t tell me the sky’s the limit when there are footprints on the moon.”

With NASA sharing more details on the Moon Base this afternoon, today feels like the right time to break these in.

[Industrious Ventures @IndustriousVC]

Congratulations to the Industrious Ventures portfolio companies recognized on this year’s #NatSec100 list.

Read the full report → https://t.co/psNzzgo0QD

[Industrious Ventures @IndustriousVC]

Our lead investment in @LunarOutpostInc’s Series B marked our third investment into the company and our largest commitment to date.

Why we (re)invested → https://t.co/wCC3xGmCaJ

[Jai Malik @jaimalik]

I'm excited to announce that @AmcaInc has raised a $300M Series B at a >$1B valuation, led by @CaffeinatedCap with major support from @LightspeedVP, @a16z, @Lux_Capital, and others.

We're on a mission to reconstitute a supply chain that has too often put profit over country.

[Industrious Ventures @IndustriousVC]

Congratulations to @SolestialSpace on its announced acquisition by @YorkSpaceSystem.

As spacecraft production scales, resilient manufactured power systems are becoming increasingly important. We're proud to have supported the Solestial team and excited for this next chapter.

[Solestial, Inc. @SolestialSpace]

We are thrilled to announce that @YorkSpaceSystem has entered into a definitive agreement to acquire Solestial. Solestial will operate as a wholly owned subsidiary of York and continue to serve a broad range of external commercial and government customers. https://t.co/ssYO98HcsY

[Stoke Space @stoke_space]

Testing is LIVE in Moses Lake, for both our Stage 1 structure and Zenith engines. Proud of the teams who are working relentlessly to drive us forward on the road to launch.🛣️🚀

[Industrious Ventures @IndustriousVC]

We’re proud to lead @LunarOutpostInc's $30M Series B as the team scales mobility, robotics, and autonomous systems for sustained lunar operations.

As Artemis accelerates, mobility is becoming foundational infrastructure for activity beyond Earth.

Congrats to the entire team ↓

[Lunar Outpost @LunarOutpostInc]

We are excited to announce a $30M Series B led by @IndustriousVC, with participation from @TypeOneVC, @EniacVC, Reliable Equity, @PromusVentures, @endeavor_global, and others to accelerate the critical industrial mobility layer required for a Moon Base.

“Lunar Outpost is moving beyond early missions to scaled, repeatable deployment,” said @TaylorCSargent, Partner at Industrious Ventures. “They’ve proven they can build for one of the most challenging environments imaginable, with significant demand across government programs and commercial customers. They are building the systems that will be relied on again and again as we return to the Moon, set our sights on Mars, and build a robust space economy.”

The Series B builds on a strong foundation of financial success and market validation. Lunar Outpost has doubled its revenue each year for the past four years and secured eight fully contracted lunar and cislunar missions. Lunar Outpost has consistently delivered ahead of schedule on aggressive timelines, with multiple systems already delivered and deployed. Combined with a strong cadence of government and commercial contracts, the new financing ensures the company is well-positioned as it executes on its rapidly expanding mission portfolio.

Read more: https://t.co/LJe86gXGrM

#TheNextLeap #LunarOutpost #DrivingArtemis #SpaceTech #Innovation

[Lunar Outpost @LunarOutpostInc]

New Lunar Terrain Vehicle coming in 3... 2... 1...

#TheNextLeap #LunarOutpost #DrivingArtemis #SpaceTech #Innovation

[Industrious Ventures @IndustriousVC]

Attribution. Capability. Intent.
The identity layer will underpin both national security and commercial operations in orbit.

@CitraSpace is building it.

More on why we invested ↓
https://t.co/X35rw6izUM

[Industrious Ventures @IndustriousVC]

Industrious Ventures' @TaylorCSargent joins @scenarionist to discuss why a sustained presence on the Moon starts with infrastructure, and how to think about timing in frontier markets.
🎙️→ https://t.co/LQTUkVxuAH

[Industrious Ventures @IndustriousVC]

Better understanding of the orbital environment is step one. Acting within it is next.

@TurionSpace is building systems for space domain awareness + on-orbit mobility, enabling real-time observation, characterization, and response.

Why we invested ↓
https://t.co/mBYcXw16eD

[Michael Palank @mpalank101]

One of my favorite firms and people to work with

[Taylor Sargent @TaylorCSargent]

End of 2025 and beginning of 2026 will from now on be referred to internally as our “banger year.” Also had @AntaresNuclear Series B, which may very well have a hand to play for in-space nuclear. Not bad for a 4 person team!

[Filip Kocian @fikocian]

@IndustriousVC is having a banger year for its space portfolio so far in 2026

@citraspace 15M Series A
@HydrosatI 60M Series B @ 180M valuation
@TurionSpace 75M Series B
@NorthwoodSpace 100M Series B
@StarfishSpace 100M Series B
@XonaSpace 170M Series C
@stoke_space 350M extension to the Series D
+ 1 more round coming

[Industrious Ventures @IndustriousVC]

@TurionSpace is building maneuverable spacecraft that can approach, inspect, and observe other assets up close, adding an active layer to space domain awareness. We're excited to support @RyanWesterdahl and the Turion team in their $75M+ Series B.
🔗https://t.co/g2Bd80xeiG

[Industrious Ventures @IndustriousVC]

As more objects enter orbit, the challenge is no longer detection, it’s understanding. Citra Space (@citraspace) is building software to identify objects and track behavior over time, turning data into actionable insight.
We're proud to support the team in their $15M Series A.

[SpaceNews @SpaceNews_Inc]

Citra Space raises $15 million Series A to expand platform for identifying objects in orbit https://t.co/KFwGDmnyIQ

[Industrious Ventures @IndustriousVC]

“We’ve designed our capability to be just a software update so that we can integrate in billions of devices out there today.”

Brian Manning (@XonaSpace) on scaling global positioning + their recent Series C.
@tbpn🔗https://t.co/ZnEmhXn7jT

[Industrious Ventures @IndustriousVC]

@StarfishSpace is building autonomous spacecraft that enable satellites to extend mission life, reposition, and retire on orbit. We’re proud to have backed the team across three rounds as they build toward that future.

Why we invested ↓
https://t.co/EN1e9VQg7P