Basalt raises $3.5M seed round for spacecraft OS

May 30, 2024 · Funding · Basalt · Space

Basalt raised $3.5 million in seed funding for its spacecraft operating system.

Basalt company media
Company media · Basalt
  • Initialized Capital led the round.
  • Basalt said the capital supported team growth, operations expansion and development of Dispatch for spacecraft fleets.
  • The capital supports commercial automation and autonomous-system workflows as Basalt moves from product development toward broader commercial use.

Basalt builds constellation-as-a-service software. The San Francisco company is a Y Combinator startup focused on aerospace automation and satellite operations.