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Mantis Space

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Orbital power grid beaming sunlight to satellites in eclipse

Albuquerque, United StatesFounded 2025Space
Valuation $50–100M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Mantis Space

Mantis Space is an Albuquerque space and advanced-energy company founded by CEO Eric Truitt (former Terran Orbital / PredaSAR co-founder; BlueHalo exit), Chairman and CSO retired U.S. Navy Rear Admiral Hugh Wyman Howard III, and COO Jeremy Scheerer (ex-U.S. Air Force program manager) that is building an orbital power grid to remove Earth's shadow as a constraint on satellite operations. Its planned constellation of spacecraft stays nearly continuously in sunlight and beams power optically to client satellites, stations and future orbital platforms through their existing solar arrays—no special retrofit—so assets can keep generating when they pass through eclipse rather than draining batteries for roughly one-third of each orbit. The company argues that continuous power lets operators stay in productive orbits instead of chasing sunlight (including sun-synchronous paths that can leave satellites outside revenue-generating areas for much of the day), improving utilization, lifetime and economics for communications, defence, climate monitoring and emerging orbital compute. Leadership and engineering draw from Sandia National Laboratories, Apple Face ID / James Webb optics and Google MicroLED programmes, with advisory support including Admiral James A. Winnefeld Jr. Emerging from stealth in March 2026, Mantis Space raised an oversubscribed seed of more than $10 million led by Rule 1 Ventures with Montauk Capital (which incubated the company) to hire and scale go-to-market from New Mexico. Sources: PR Newswire 12 Mar 2026; Payload; Aviation Week; mantis.space.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2025
Headquarters
Albuquerque, United States
Employees
23
Open positions
6
Dealroom signal
53.6/100
Industry
Energy, Space
Sector
Space, Space Utilities, Space Downstream, Energy Transmission, Lunar, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Mar 2026 $10M $40M Montauk Climate · Rule 1 Ventures ↗
SEEDOther financing Feb 2026 $200K $800K Planet Ventures ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Mantis Space website traffic

Latest recorded traffic for Mantis Space is 1.7K monthly website visits, up 30.8% over the last three months.

Latest monthly visits1.7K 3-month web change+30.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Planet Ventures
  • Montauk Climate
  • Rule 1 Ventures
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Albuquerque HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mantis Space on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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