Proteus Space™ Achieves Breakthrough in Automated High-Fidelity Structural Design, Signs First Commercial Payload Customer and Secures Oversubscribed $6.1M Seed-2 Funding

Funding Rounds

Summary

Proteus Space says its MERCURY system now generates custom satellite bus structural designs in about one week and passed launch loads testing on the first try. The company positions the platform as a faster, lower-cost way to deliver high-fidelity, manufacturable satellite structures for payload customers. It also secured its first commercial payload customer for the MERCURY ONE flight, with a launch window opening in October 2025. In addition, Proteus closed an oversubscribed $6.1 million Seed-2 round led by Lavrock Ventures to accelerate product development and deployment.

$ Funding

$
Amount $6.1M Total raised
Date March 18, 2025 Announcement date
Investors Lavrock Ventures, Moonshots Capital, SAIC Lead investors
Company proteusspace.com Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies