Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) has announced a strategic equity investment of $200,000 in Mantis Space, a company working to build the first power grid in orbit. This marks Planet Ventures' first deployment of capital into the space sector, positioning the company at the forefront of what it describes as a structural shift in the space economy.
According to the announcement, the space industry is moving beyond simply launching satellites and is now beginning to service, fuel, and power them in orbit. The transition from theoretical concepts to commercial reality is accelerating, with capabilities such as on-orbit refueling, debris removal, in-space assembly, and orbital power distribution attracting serious capital and government contracts. Mantis Space is developing what it calls the world's first power grid in space, a technology that could become foundational for future in-orbit operations.
The demand driving these services is structural, not speculative, the company notes. A Novaspace 2026 small satellite market report forecasts that 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, refueling, and maintenance in orbit.
Planet Ventures' investment in Mantis Space aligns with its strategy to back early-stage companies addressing critical infrastructure needs in the space economy. The company believes that orbital energy technologies and robotic servicing systems will be essential for the next generation of commercial space activity.
Investors can find the latest news and updates relating to PNXPF in the company's newsroom at https://nnw.fm/PNXPF.
This article is informational only and is solely for use by prospective investors in determining whether to seek additional information. It does not constitute an offer to sell or a solicitation of an offer to buy any securities. The securities issued by the companies profiled should be considered high risk; investors may lose their entire investment. Please do your own research before investing, including reading the companies' SEDAR+ and SEC filings, press releases, and risk disclosures.
Forward-looking statements in this document are not guarantees of future performance. Readers are cautioned not to place undue reliance on forward-looking statements. Planet Ventures undertakes no obligation to update or revise any forward-looking statements, except as required by applicable securities laws.
Investing in Planet Ventures and its portfolio companies involves a high degree of risk, including early-stage investment risk, technology risk, regulatory risk, market risk, liquidity risk, capital risk, macroeconomic and geopolitical risk, and key personnel risk.
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