Only commercial supplier of low-cost, electronically steerable space-based SAR — 10x cheaper than incumbents. Kapta delivers metasurface-based phased-array radar payloads at price points that make tracking constellations economically viable; it has become the payload-of-choice for 3 of the 4 radar bidders in the AMTI consortium (Anduril, Rocket Lab, York) and holds TS/SCI clearance that enables direct NRO customer engagement.
Won $1.8M DARPA D2P2 contract within 6 weeks of founding and a second $1.8M D2P2 in 2026; submitted formal classified RFP responses with Anduril and Rocket Lab as primes for high-value tracking missions; Pentagon meeting (May 2026) yielded 2 approved demo concepts on Apex bus. York Space and Anduril have each surfaced acquisition interest at the C-suite level. Round is ~$16M committed against a $20M target with Capital calls beginning June 2026, close targeted June 19. StoryHouse led the original Pre-Seed and is evaluating both a recycled Fund I check (~$200K) and a $1–2M check from Fund II into the Series A at a $70M pre-money.
Strong call. Series A target $20M on $70M pre-money; ~$16M committed (existing investors $5–6M, Washington Harbour $5M lead, angels ~$2M, Mita Capital $2–2.5M; Fathom Fund evaluating $5M to fill). Washington Harbour gets voting board seat + observer. Capital calls 2nd week of June, close June 19. Re...
Source: Meeting Notes recBokIUIKYGP83Q1
York Space CEO Dirk Wallinger surfaced a strategic investment interest ('I don't have to ask permission to make an investment') and pushed for terms within a week. Two formal classified RFP submissions completed: one with Anduril as prime (9m² radar), one with Rocket Lab as prime (11m² radar). Both...
Source: Meeting Notes recvyQMXdPH4a2EK6