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Series D+Defence & space · Centennial

True Anomaly raises $650m Series D at a reported $2.2bn valuation

Eclipse and Riot Ventures co-led the round for the Colorado maker of autonomous spacecraft and space-based interceptors, which plans to double its workforce to more than 500 by the end of 2026.

s/rFunding deskNorth America · 2 min read

True Anomaly, a Centennial, Colorado-based maker of autonomous spacecraft for space security missions, said on April 28, 2026 that it had raised $650m in a Series D round co-led by Eclipse and Riot Ventures.

The total includes $50m of debt from Stifel Bank. Payload reported that the round valued the company at $2.2bn; the company's announcement did not give a valuation.

True Anomaly said the round brought its total funding to about $1bn since it was founded in 2022.

The round is made up mostly of equity, with the Stifel Bank facility making up the rest. True Anomaly did not disclose revenue figures.

“Space superiority is no longer theoretical.”Even Rogers, CEO and Co-Founder, True Anomaly

What True Anomaly does

The company builds autonomous spacecraft, payloads, mission autonomy software and space-based interceptors. Its products include Jackal, an autonomous orbital vehicle; Mosaic, a mission autonomy software platform; and a range of payloads covering several sensing methods.

True Anomaly said it is a prime contractor on the US Space Force Space Systems Command's Space-Based Interceptor programme. Payload reported that the raise followed a Golden Dome award for space-based interceptor technology, a new product line for the four-year-old company.

Over the next 18 months the company expects to fly about a dozen missions. They include VICTUS HAZE, a Space Force tactically responsive space demonstration in which, according to Payload, a True Anomaly spacecraft will carry out rendezvous and proximity operations with a Rocket Lab satellite. The company is also planning several missions in low Earth orbit and geostationary orbit.

Who invested

New investors in the round included Paradigm, Atreides, G Squared, The Private Shares Fund and VanEck. Existing backers Accel, Menlo Ventures, ACME Capital, Space VC, Meritech Capital, Narya and 645 Ventures also took part.

Seth Winterroth, a partner at Eclipse, said True Anomaly showed what happens "when speed, focus, and mission alignment converge at scale." Will Coffield, a partner at Riot Ventures, said the capital would give the company the means to deliver for the warfighter.

Chief executive and co-founder Even Rogers said the money, as with all of the company's funding rounds, would be invested entirely in space dominance at scale.

In a statement reported by Payload, Rogers said the doctrine and capabilities needed for space superiority were still nascent, and that the industry's preference for dual-use platforms was leaving combat capabilities underserved.

What the money is for

True Anomaly said it would use the funding to speed up delivery across its product range, expand manufacturing capacity and hire. It plans to have more than 500 employees by the end of 2026; it did not give its current headcount.

Besides its Centennial headquarters, the company has offices in Colorado Springs, Washington, D.C. and Long Beach, California. It did not give details of its manufacturing expansion.

Payload and Pulse 2.0 reported the same investor line-up and the $50m debt component. Payload said the company had a full mission manifest for the next 18 months and published a photo of two Jackal spacecraft packed for delivery. The company did not say how much of the equity each investor provided.

Company website: trueanomaly.space