True Anomaly’s Jackal autonomous orbital vehicles can manoeuvre near other satellites in orbit for inspection, space situational awareness, and, under Golden Dome, potential interception of ballistic and hypersonic missiles. Total funding now exceeds $1 billion.
True Anomaly, the Colorado-based space defense startup that builds autonomous orbital vehicles and supporting software for US national security missions, has raised $650 million, Bloomberg reported.
The raise, which has not yet been confirmed by the company, would bring True Anomaly’s total funding to more than $1 billion, a figure that would be, by a significant margin, the largest capital raise in the company’s three-year history.
The timing is significant. On 24 April 2026 the US Space Force announced that True Anomaly was among 12 companies selected for Golden Dome space-based interceptor (SBI) prototype development, under Other Transaction Authority agreements collectively worth up to $3.2 billion.
The other selected companies include Anduril, Lockheed Martin, Northrop Grumman, Raytheon, General Dynamics Mission Systems, Booz Allen Hamilton, SpaceX, and five others.
The OTA agreements fund prototype development of space-based interceptors designed to destroy enemy ballistic and hypersonic missiles during the boost phase, seconds after launch, before they exit the atmosphere.
Companies that demonstrate successful prototypes will compete for production contracts estimated at $1.8 to $3.4 billion annually post-2028.
True Anomaly’s core technology is the Jackal autonomous orbital vehicle, a spacecraft designed for rendezvous and proximity operations (RPO), the capability to manoeuvre close to other satellites in orbit for inspection, monitoring, or, under a kinetic mission set, engagement.
The Jackal is paired with Mosaic, True Anomaly’s autonomy software suite that provides command, control, and situational awareness across orbital operations.
The company was founded in 2022 by Even Rogers, who serves as CEO, alongside Kyle Zakrzewski and two other co-founders who have since departed. All four original founders met while serving in the US Air Force’s 4th Space Operations Squadron.
Rogers has described the company’s mission in terms of a specific strategic window: the US must establish credible orbital defense capability before adversaries gain an irreversible advantage in the space domain.
True Anomaly’s prior funding trajectory maps directly onto the escalating political and strategic priority given to space defense. The company raised $100 million in December 2023, $260 million in a Series C in April 2025, led by Accel, with Meritech Capital, Eclipse, Riot Ventures, Menlo Ventures, and others, and has now apparently raised $650 million in a new round.
Each successive round has roughly doubled the prior one. The Series C was explicitly oversubscribed. The new raise, if confirmed at $650 million, suggests that investor appetite for pure-play space defense has continued to accelerate in line with the Pentagon’s own escalating procurement posture, as reflected in Trump’s proposed $1.5 trillion defense budget and the $185 billion Golden Dome programme.
The company’s operational footprint has expanded substantially since the Series C. It opened a 90,000-square-foot manufacturing facility in Long Beach, California, in the aerospace cluster known as “Space Beach”, and has grown its workforce from approximately 170 employees at the time of the Series C to over 249 as of January 2026, with plans to reach 450 to 500 by end of 2026.
Planned 2026 missions include the first Jackal deployments to geosynchronous orbit (22,000 miles above Earth, where many military satellites operate) and to cislunar space (the region between Earth and the Moon), as well as the VICTUS HAZE mission with Firefly Aerospace: an end-to-end demonstration of tactically responsive space operations for the Space Force, designed to show the US can rapidly deploy orbital assets during a conflict.
True Anomaly is one of a small group of defense-focused space startups, alongside Anduril, Impulse Space, Starfish Space, and Turion Space, that are competing to define what the next generation of US space defense looks like.
The distinguishing characteristic of True Anomaly among this cohort is its exclusive focus: it has positioned itself, in the words of its own CFO, as “the only company focused exclusively on space defense.”
That singular focus has produced both its commercial differentiation and its principal risk: if the political or strategic appetite for space-based orbital defense were to diminish, True Anomaly would have no adjacent commercial market to fall back on.
The $650 million raise, following the Golden Dome OTA selection, suggests that risk is currently considered low by the investors and institutions funding the company.
