Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) has completed a $200,000 strategic equity investment in Mantis Space, a company developing what it describes as the world's first power grid in space. This marks Planet Ventures' first capital deployment into the space sector, positioning the company at the forefront of a rapidly evolving industry.
The space industry is moving beyond launching satellites to servicing, fueling, and powering them in orbit. After years of theoretical roadmaps, capabilities such as on-orbit refueling, debris removal, in-space assembly, and orbital power distribution are attracting serious capital and government contracts. According to Novaspace's 2026 small satellite market report, forecasted by Novaspace, 16,900 satellites under 500 kg will be launched between 2026 and 2035, averaging roughly 640 kg of payload deployed daily. As constellations scale, operators face mounting pressure to manage power and logistics in orbit.
Mantis Space aims to address this demand by building an orbital power grid that can distribute energy to satellites and other spacecraft, reducing reliance on onboard solar panels and batteries. The technology could enable longer mission durations, increased payload capacity, and new commercial activities such as in-space manufacturing and data processing.
Planet Ventures' investment is structured as a strategic equity stake, with the potential for follow-on funding as Mantis Space reaches key milestones. The move aligns with Planet Ventures' focus on early-stage, high-growth opportunities in emerging technologies. The company has also invested in General Astronautics, a firm developing lunar habitation systems, indicating a broader bet on space infrastructure.
Industry analysts note that the demand driving these services is structural, not speculative. The growing number of satellites in low Earth orbit creates a need for in-orbit servicing and power management. The U.S. Space Force and other government agencies have awarded contracts for debris removal and satellite servicing, validating the market. Startups like Mantis Space are positioning themselves to become critical infrastructure providers in the space economy.
Investors should be aware of the risks associated with early-stage space ventures. Mantis Space has a limited operating history and is pre-revenue. The technology is unproven at commercial scale, and regulatory hurdles remain significant. Planet Ventures acknowledges these risks in its forward-looking statements, cautioning that portfolio companies may require additional funding and that market growth may not materialize as anticipated.
Despite these risks, the investment reflects a growing belief that orbital power grids will be foundational to the next generation of space activity. As satellite constellations expand and missions become more complex, the ability to transfer power between spacecraft could unlock new capabilities. Planet Ventures is betting that Mantis Space will be a key player in this transformation.
For more information on Planet Ventures and its portfolio, visit the company's newsroom at https://nnw.fm/PNXPF. This article is for informational purposes only and does not constitute investment advice.
