True Anomaly Raises $650 Million Series D Financing

This funding includes $50 million in debt from Stifel Bank bringing True Anomalys total capital raised to $1 billion since its founding in 2022. All of this funding is focused on strengthening security in the space domain.

The company plans to use the funding to speed up development and delivery of its growing product line, including autonomous spacecraft, advanced payloads, mission automation, and space-based interceptors.

The U.S. is facing growing threats in space, and the time to gain a strong advantage is becoming limited. True Anomaly is building systems to deter aggression by making hostile actions in space too costly for any adversary. The company also focuses on delivering these capabilities quickly to support defense teams.

In just four years, True Anomaly has developed and deployed its autonomous orbital vehicle “Jackal,” its mission software platform “Mosaic,” and a range of sensor-based payloads. These products show the company’s focus on building systems specifically designed for space operations from the ground up.

True Anomaly was also recently named a prime contractor for the U.S. Space Force Space Systems Command’s Space-Based Interceptor Program. This work supports efforts to defend the U.S. from potential ballistic missile and hypersonic threats. The company is combining private funding, top talent, and industry partners to help deliver this important national security program.

The company plans to expand its team to over 500 employees by the end of 2026 and grow its product and manufacturing capabilities, strengthening True Anomaly as a key industrial partner to the U.S. and its allies.

In the next 18 months, True Anomaly plans to conduct about a dozen missions, including the VICTUS HAZE Tactically Responsive Space demonstration, as well as several missions in low and geostationary Earth orbit, while expanding its payload offerings. The company is focused on operating in today’s contested space environment and building capabilities to protect space-based interests in the future.

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“True Anomaly is taking on one of the most consequential challenges of this decade and will define how the U.S. operates and wins in space, not someday, but today,” said Seth Winterroth, partner at Eclipse. “The True Anomaly team has combined relentless focus with an ability to design, build, and deploy at a pace this category has never seen, all in service of the warfighter. True Anomaly is what it looks like when speed, focus, and mission alignment converge at scale.”

"Space is a warfighting domain, and to sustain deterrence, the U.S. needs companies that can build, deploy, and scale in the face of a rapidly evolving threat landscape. True Anomaly is that company, and this capital arms them with the means to deliver for the warfighter," said Will Coffield, partner at Riot Ventures.

“Space superiority is no longer theoretical. It is a requirement for the Joint Forces to be able to operate freely in any domain,” said Even Rogers, CEO and co-founder of True Anomaly. “The doctrine and capabilities required for space superiority are nascent, and industry’s bias towards ‘dual use’ platforms is rendering combat effects against modern threats underserved and unsustainable. This capital, as with all of our funding rounds, will be invested entirely in space dominance at scale. We will continue to design and deliver the next generation of products the U.S. and its Allies need for space superiority.”

About True Anomaly

Founded in 2022, by Even Rogers, and Kyle Zakrzewski, True Anomaly builds advanced space systems like autonomous spacecraft, mission software, payloads and space-based interceptors. Its technology is designed to help the U.S. and its allies protect and secure space operations and respond to emerging threats.

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