New ground-based space antenna startup raises $100 million and wins $50 million Space Force contract
In a clear sign that the space industry in space now requires increased support on the ground, the ground-based space antenna startup, Northwood Space, this week announced it has raised $100 million in private investment capital even as it simultaneously won a $50 million Space Force contract.
The funding round, announced January 27, was led by Washington Harbour Partners and co-led by Andreessen Horowitz. The financing came on the heels of a $49.8 million contract that was signed with the United States Space Force to help improve the “satellite control network,” which “handles a huge variety of consequential space missions for our government,” said Bridgit Mendler, founder and CEO.
Northwood is an end-to-end ground infrastructure provider for space missions. In other words, it manufactures and deploys antennae systems, which are smaller than older models, that allow Earth to communicate with satellites in space.
Northwood was only formed three years ago, so its success is an clear indication that there is a real need for more and better ground-based facilities.
In a clear sign that the space industry in space now requires increased support on the ground, the ground-based space antenna startup, Northwood Space, this week announced it has raised $100 million in private investment capital even as it simultaneously won a $50 million Space Force contract.
The funding round, announced January 27, was led by Washington Harbour Partners and co-led by Andreessen Horowitz. The financing came on the heels of a $49.8 million contract that was signed with the United States Space Force to help improve the “satellite control network,” which “handles a huge variety of consequential space missions for our government,” said Bridgit Mendler, founder and CEO.
Northwood is an end-to-end ground infrastructure provider for space missions. In other words, it manufactures and deploys antennae systems, which are smaller than older models, that allow Earth to communicate with satellites in space.
Northwood was only formed three years ago, so its success is an clear indication that there is a real need for more and better ground-based facilities.















