The seed funds will be allocated to commercializing Catalyx Space's advanced reentry architecture, expanding international operations, and growing the customer base worldwide. Other investors include Arka Venture Labs, Lex Reddy, KDX Management LLC, Together Fund, Higher Life Ventures, Nivesha Ventures, Prana Tech Ventures, Bria, HF0 Residency, and Techstars.
Outlander VC managing partner Paige Craig commented, "Catalyx is making orbit as accessible and programmable as the cloud, and that shift will unleash entirely new industries. We are proud to back a team building the backbone of this transformation."
AJ Smith, Investing Partner at Outlander VC, stated, "Catalyx's ability to go from idea to orbit at their pace is redefining how the space industry builds."
Catalyx Space was founded by Rifath Shaarook, Clinton Anthony, Keerthan Chand, and Saqib Hussin. Shaarook launched the company in 2024 to address infrastructural bottlenecks in the sector, having previously made headlines for designing and launching the world's lightest satellite using 3D-printed engineering.
Shaarook said, "Catalyx's mission is to accelerate the commercialization of space by enabling rapid, reliable, and affordable orbital access across industries, including defense, advanced manufacturing, and biopharma. This funding milestone moves us closer to making that future a reality."
According to Fortune Business Insights, the global space infrastructure market was valued at 146 billion dollars in 2024, with projections to reach 308 billion dollars by 2032. Catalyx Space aims to offer an integrated solution that meets growing market demand for next-generation orbital applications.
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Catalyx Space, Inc.
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