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0 0.0231660231660231 0.00241312741312741 -0.00579150579150587 0.0146718146718146 0.0104256756756757 0.0153957528957529 0.0150096525096524
Stock impact report

K2 Space Raises $250M at $3B Valuation to Roll Out a New Class of High-Capability Satellites [Yahoo! Finance]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: Yahoo! Finance
a $250 million Series C at a $3 billion valuation, accelerating delivery of a new generation of spacecraft built for the heavy-lift era. The financing follows $500 million in signed contracts across commercial and U.S. government customers and is led by Redpoint , with participation from accounts advised by T. Rowe Price Associates, Inc., and from Hedosophia, Altimeter, Lightspeed and Alpine Space Ventures. K2 was founded in 2022 on a single thesis: the rise of launch vehicles like Falcon 9, Starship and New Glenn will make it possible to build an entirely new category of satellite . Satellites that are larger, higher power and more reliable ; that can be deployed in any orbit – LEO, MEO, and GEO – rather than confined to one. These capabilities will become increasingly important as critical applications like communications and compute get pushed from terrestrial networks to space. "Space is becoming one of the most strategically important technology sectors, and it's attracting i Show less Read more
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