Northwood Space Raises $375 Million to Expand Satellite Ground Network Capacity
Northwood Space raised $375 million in Series C financing at a reported $2 billion valuation to scale antenna production, expand its global ground network, and hire 400 employees over three years. The private financing is not a new government award or solicitation; it may increase the company’s capacity to perform its existing $49.8 million U.S. Space Force Satellite Control Network contract and support future supplier demand.