Karan Kunjur

Co-founder and CEO of K2 Space, a satellite manufacturer building large, high-power spacecraft for applications including orbital computing. Previously helped lead an AI startup from seed stage to a nine-figure exit after a decade at BCG.

K2 Raises $500 Million to Industrialize High-Power Satellite Production

K2 Space has raised $500 million to expand production of high-power satellites, arguing that spacecraft once built as multiyear, billion-dollar projects can be manufactured at far lower cost and on more reliable schedules. CEO Karan Kunjur says the company’s first 20-kilowatt satellite, now operating in orbit, has supplied the data for its Block Two design and helped drive more than $1 billion in signed contracts. The company’s next test is turning that first flight into repeatable delivery, while developing a larger platform intended to support compute-intensive infrastructure in space.

Bloomberg TechnologyJul 30, 20264 min read