Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) (FSE: P6U) announced a $200,000 strategic equity investment in Mantis Space, a company developing the world’s first orbital power grid. This investment marks Planet Ventures’ entry into the rapidly growing space infrastructure sector, aiming to provide public market investors with exposure to emerging private companies in high-growth industries.
Mantis Space is focused on enabling satellites to receive wireless power in orbit, a technology that could significantly reduce spacecraft size, weight and cost. By facilitating on-orbit power transfer, Mantis’s orbital power grid supports the expanding space economy, which increasingly relies on services such as refueling, debris removal and shared infrastructure. The investment comes as demand for these services accelerates alongside projected growth in satellite launches.
Planet Ventures Inc. is an investment issuer that actively invests in disruptive companies across high-growth industries, building long-term shareholder value through strategic investments in innovative businesses. With this investment, Planet Ventures positions itself at the intersection of energy, satellite operations and in-space logistics, tapping into a market poised for substantial expansion.
For more information on Planet Ventures Inc., visit www.PlanetVenturesInc.com. The latest news and updates relating to PNXPF are available in the company’s newsroom at https://ibn.fm/PNXPF.
