Mantis Space, Inc.

Mantis Space, Inc. is a US-based company specializing in advanced energy transmission technology that enhances satellite operations through innovative laser power solutions. Mantis Space, Inc. provides energy solutions for satellites, focusing on reducing downtime caused by eclipses.

Founded in 2025 by Eric Truitt, who serves as CEO, headquartered in Albuquerque US, In February 2026, Mantis Space, Inc. raised USD 10 million in seed funding co-led by Rule 1 Ventures and Montauk Ventures, with participation from Planet Ventures. Mantis Space specializes in advanced energy transmission technology designed to provide continuous laser power to satellite constellations, effectively reducing eclipse downtime and enhancing operational efficiency. Their core offering involves high-precision laser systems that beam energy from their spacecraft positioned in lower Medium Earth Orbit (MEO) to solar arrays on satellites, ensuring uninterrupted operations across various orbital paths.

This technology is particularly beneficial for clients in the space sector, including satellite operators and aerospace manufacturers, looking to optimize the lifespan and functionality of their spacecraft. Mantis Space’s products are targeted at the global market, addressing the needs of satellite communications, navigation systems, and space-based data centers across regions such as North America, Europe, and parts of Asia. Mantis Space generates revenue through partnerships and business-to-business transactions with satellite operators and aerospace entities seeking innovative power solutions for their orbital assets. The financial model is based on contracts that include service agreements for energy transmission, tailored to the specific needs of each client.

These agreements may encompass subscription-based services for continuous power supply during eclipse periods or one-time fees for the setup and calibration of laser systems. The flagship technology is centered around their proprietary laser systems, which form the backbone of their service offerings, ensuring that clients can rely on efficient power delivery for their satellite operations. Specific pricing structures for their services and contractual agreements are tailored to the individual requirements of each client, enhancing the appeal of their offerings in the competitive space economy. In March 2026, Mantis Space, Inc.

raised USD 10 mn in Seed funding co-led by new investors Rule 1 Ventures and Montauk Ventures. The company will utilize the funding to expand hiring initiatives and operational capabilities as it begins market entry for its orbital energy infrastructure. Future plans include the design and launch of new products aimed at enhancing energy transmission efficiency, with specific timelines for these developments yet to be disclosed. Mantis Space is also targeting expansion into additional markets across Europe and parts of Asia by the end of 2027.