Announced
Completed
Synopsis
Mitsui, an investment company, led a $26m in Series B round in ATLAS Space Operations, a cloud-based space communications solutions provider, with participation from Beringea, Boomerang Catapult, Rise of the Rest, VCapital, Northern Michigan Angels, Harmonix, Wakestream, and Grand Ventures. “A strategic partnership with Mitsui validates ATLAS’ position as a global leader in satellite communications services. This investment well capitalizes the company to accelerate growth in key areas of commercial and US government markets for which our services are in high demand. With this new partnership, ATLAS can expand its team to provide enterprise-level Ground Software as a Service solutions for the DoD Hybrid Space Architecture while increasing our market share in the private sector with our low risk, high-end services," Sean McDaniel, ATLAS Co-founder and CEO.
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