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Startups & Venture·July 31, 2026·1 min read

Everyone else is shrinking satellites. K2 raised $500m to build giant ones, and put AI in orbit.

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K2’s $500 million Series D at a $6.8 billion valuation to build large, AI-heavy satellites is a contrarian bet that compute and sensing will move into orbit, not just to the edge. If your product depends on geospatial data or global connectivity, assume new orbital platforms will become both a data source and a compute tier to integrate with.