True Anomaly Emerges from Stealth and Raises $30 Million

Ibadan, 12 April 2023. – True Anomaly, Inc. has announced that it has come out of stealth and raised $30M in funding to date, including its recent $17M Series A led by Eclipse in partnership with Riot Ventures, Champion Hill Ventures, Space.VC, and Narya.

The company has created a fully-integrated platform with seamless satellite, navigation, and data-capture technologies to provide unparalleled security and training for the rapidly evolving space market. Furthermore, the Company designed its first spacecraft, the Jackal Autonomous Orbital Vehicle, opened a 35,000-square-foot factory in Denver, and hired 57 employees. With this most recent round of funding, True Anomaly will validate the technical abilities and operational capabilities of the Jackal and make the necessary investments to scale production later this year.

“Space-based technologies have played a pivotal role in enabling the U.S. to employ instruments of national power, and it’s imperative that we invest in upgrading and protecting those technologies,” said True Anomaly Co-Founder and CEO, Even Rogers. “We need to address the capability asymmetry that has emerged in the space domain in the last two decades as the U.S. and its allies have focused military efforts primarily on Counterinsurgency Operations.”

Likewise, Seth Winterroth, Partner at Eclipse, commented that the US” superiority in the space domain “is quickly waning,” and as a result, the U.S. and its Allies face risks and challenges. Winerroth added, “True Anomaly is the purpose-built team with the tactical, technological, and defense procurement expertise to develop the necessary capabilities to regain our military advantages in space and, ultimately, bolster national security.”