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