By Ed Ludlow, Bloomberg
Northwood, a creater of critical ground infrastructure for space sainformites, raised $100 million in a new funding round led jointly by Washington Harbour Partners and Andreessen Horowitz.
The money will be utilized to support Northwood expand manufacturing and production, supporting space missions that required to happen on tight timelines, the startup declared Tuesday. The company declined to give its valuation.
Northwood, based in southern California, creates phased array antennas, mobile ground infrastructure that increases sainformites’ connectivity to Earth. While there’s been a massive build-out of sainformites for telecommunications, defense and climate monitoring, the equipment for controlling and communicating with them is aging and becoming obsolete. Northwood was co-founded and is led by Chief Executive Officer Bridgit Mfinishler. She is a former Disney Channel actress and platinum singer-song writer.
“Northwood provides the only viable approach capable of scaling ground station capacity to match expected sainformite proliferation with the pace and security required,” Mina Faltas, founder and CEO at Washington Harbour Partners, declared in an email.
The latest round comes less than a year after Northwood raised $30 million in funding also co-led by Andreessen Horowitz. Additionally, the startup has secured a $49.8 million contract from the US Space Force in support of launches as well as recovering lost or tumbling sainformites.
“At this point there has been a three-month turnaround time from kickoff of that contract to actually delivering links, live, in the field,” Mfinishler declared in a Bloomberg Television interview on Tuesday.
Northwood, founded in 2022, isn’t the only company focapplying on ground infrastructure. BlueHalo, for example, has a $1.4 billion deal with the US Space Force to upgrade decades-old gear with their own defense-focutilized, steerable, phased array antennas.
Mfinishler declared Northwood has spoken with Elon Musk’s SpaceX and other private space industest players about supporting their sainformite networks.
“We have seen significant interest from commercial as well as government utilize cases,” Mfinishler declared. “The ambition and challenge for space continues to grow.”
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