Report
Northwood Space raises $375 million in Series C at a $2 billion valuation
Northwood Space plans to expand its satellite-to-Earth ground network with the round, co-led by Andreessen Horowitz and DFJ Growth.
TLDR
Northwood builds antennas and software that help satellites communicate with Earth. It says it has deployed six multi-orbit-capable sites on two continents since its last funding round. The new funding will go toward expanding its global ground network, hiring and fulfilling existing contracts. A separate HSBC credit facility will support working capital and network expansion.
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