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Centennial Aerospace Co. Raises $650M After Snagging Spot in $3.2B Defense Program
The Series D lifts the Colorado startup to a $2.2 billion valuation as it expands hiring, manufacturing and space-based interceptor development.
- On Tuesday, Colorado-based startup True Anomaly raised $650 million in a Series D funding round to support its role in President Donald Trump's Golden Dome missile defense project.
- Last week, The Space Force selected True Anomaly among 12 companies for prototype development, aiming to protect the American homeland from advanced missile threats using space-based sensors and interceptors.
- The funding lifts True Anomaly's valuation to $2.2 billion, supporting plans to double its workforce to 500 employees and expand manufacturing at its GravityWorks facility in Denver and a factory in Long Beach, California.
- True Anomaly joins major defense contractors including SpaceX, Lockheed Martin, and Anduril Industries under Other Transaction Authority agreements collectively worth up to $3.2 billion for prototype development.
- The Pentagon stated it will not build interceptors if they are not affordable, as cost estimates for Golden Dome range from $185 billion to $3.6 trillion depending on scope.
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True Anomaly raises $650M Series D at $2.2B valuation as Golden Dome space interceptor contracts reach $3.2B
True Anomaly raised $650M four days after being selected for Golden Dome space-based interceptor prototypes. The programme could cost $185B to $3.6T. The Space Force says it might not build it.
·Amsterdam, Netherlands (Kingdom of the)
Read Full ArticleTrue Anomaly raises $650M at $2.2B valuation to build space interceptors for Trump’s $185B Golden Dome - Tech Startups
True Anomaly just pulled in a massive $650 million round, pushing the four-year-old startup to a $2.2 billion valuation and putting it squarely at the center of a growing race to control space-based defense. The Colorado defense startup is building […] The post True Anomaly raises $650M at $2.2B valuation to build space interceptors for Trump’s $185B Golden Dome first appeared on Tech Startups.
Coverage Details
Total News Sources12
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
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