Market News / Story
Fortastra raises $30M to develop satellite defense spacecraft
Seeking Alpha ·
Seeking Alpha reports: Fortastra, a Southern California aerospace startup founded by a former SpaceX engineer, raised $30 million to develop maneuverable spacecraft designed to protect commercial and military satellites from potential threats in orbit. The Torrance, California-based company, founded in 2025, is developing satellites that can monitor and potentially intercept threats to spacecraft operated by the U.S. and its allies. The financing comes amid growing concerns about military…