Observable Space fetches $90M in Series A capital
An Observable Space PF1000 system for use in wide-field tracking and imagery. Observable Space photo.
By
Ross Wilkers
The one-year-old company also secures a $94 million Space Force contract to scale up the production of its optical telescopes.
Observable Space, a developer of optical systems for use in laser communications and other sensing efforts in space, has collected $90 million in Series A capital from investors to support its product development efforts.
The company opened for business in February 2025 to build software-defined telescopes and other hardware for operators to track satellites and conduct deep space observation missions, among other space domain awareness missions.
Lux Capital led the Series A round announced Thursday. RTX’s venture capital arm acted as one of four co-leaders alongside Upfront Ventures, Detroit Venture Partners and Island Green Partners. BRV Capital, Fathom Fund and Venrex also participated.
Observable Space will use a bulk of the new capital to further iterate its products for laser communications and in-space systems, plus expand its international operations.
“If you control light, you control space,” Dan Roelker, co-founder and chief executive of Observable Space, said in a release. “Companies and nations that precisely track objects, navigate spacecraft and communicate terabits per second will define the next era of the space economy.”
In addition to the new investment, Observable Space also announced its booking of a potential $94 million Space Force contract to scale up the production of its optical telescopes.
The service branch is eyeing these telescopes as augmenting other space domain awareness systems and has awarded $22 million in initial task order work.
Space Force made the award through the Pentagon’s Accelerate the Procurement and Fielding of Innovative Technologies program, known as APFIT, which aims to quickly field new solutions.