Thursday, January 2, 2025

K2 Space Secures $60M STRATFI Contract for MEO Mission

K2 Space has signed a contract with the U.S. Space Force to launch its first Mega Class satellite on a mission code-named “Gravitas.” The contract, with a total value of $60 million, includes government funds, Small Business Innovation Research (SBIR) matching funds, and private funds.

The February 2026 mission will demonstrate the ability of the Mega Class satellite bus to proliferate across all orbits, with key demonstrations in Low Earth Orbit (LEO) and Medium Earth Orbit (MEO). K2 Space will be one of the first commercial companies to demonstrate operations for government and commercial customers in MEO, a regime garnering significant interest for proliferation beyond LEO in programs such as “Resilient GPS.”

The groundbreaking mission received support and funding from multiple Department of the Air Force organizations, including the Space Domain Awareness and Combat Power PEO, The Space Development Agency, the Space Warfighting Acquisition Delta, the DoD’s Space Test Program, the Space Force’s National Space Test and Training Complex, and the Air Force Research Lab.

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“This mission is fortunate to enjoy support from various parts of the U.S. Space Force; these stakeholders all recognized that the K2 bus is unique in its ability to provide the capabilities needed for their future missions,” said Karan Kunjur, CEO of K2 Space.

The K2 satellite bus represents a step change in satellite capabilities, delivering 10 times more power than any other low-cost bus in its class, and a large 3-meter by 3-meter payload deck. Designed for true multi-orbit functionality, the platform is made to handle the environments of Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geosynchronous Orbit (GEO), and Cislunar space, supporting future Hybrid Space Architectures. With the ability to stack 10 Mega Class satellites per launch vehicle to LEO, the K2 bus will make it possible to deploy constellations in a completely new way.

“As we looked at the market, we saw options for Proliferated LEO, but very few options for Proliferated MEO and GEO – the K2 bus is designed to fill this critical gap in our defense architecture,” Kunjur added.

To maintain competitive pricing while delivering superior capabilities, K2 Space manufactures 75% of satellite components in-house, including reaction wheels, flight computers, and solar arrays. The company is also developing the highest power electric propulsion system ever flown – a 20kW system that is four times more powerful than the highest power system flown to date – enabling completely new ways to populate MEO, GEO, and Cislunar constellations with rapid orbit-raise and maneuvering capabilities.

SOURCE: PRNewswire

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