Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) has completed a $200,000 strategic equity investment in Mantis Space, a company developing what it describes as the world’s first power grid in space. The investment marks Planet Ventures’ initial capital deployment into the space sector, signaling the company’s bet that in-orbit infrastructure services are transitioning from concept to commercial reality.
The space industry is no longer solely focused on launching satellites; it is beginning to service, fuel and power them in orbit. Capabilities such as on-orbit refueling, debris removal, in-space assembly and orbital power distribution are now attracting serious capital, government contracts and engineering milestones. Planet Ventures’ move into Mantis Space aligns with this broader shift, as the company seeks exposure to what it views as a structural, not speculative, demand for key space services.
A report from Novaspace forecasts that 16,900 satellites under 500 kg will be launched between 2026 and 2035, averaging roughly 640 kg of payload deployed daily. As satellite constellations scale, operators face mounting pressure to manage power and prolong mission life, creating a market for orbital energy solutions. Mantis Space aims to address this need by establishing a power grid that can transfer electricity between spacecraft, potentially reducing reliance on onboard solar panels and batteries.
Planet Ventures’ investment comes at a time when the global space economy is projected to grow significantly. The company’s portfolio also includes General Astronautics, which focuses on robotic servicing systems for in-orbit operations. The strategic rationale is that orbital energy technologies and robotic servicing could become foundational to the next generation of commercial space activity.
However, the press release includes cautionary language about the risks involved. The company notes that portfolio companies have limited operating histories and are pre-revenue, making investments speculative and potentially resulting in a total loss of capital. Technology risk is also highlighted, as the orbital energy and lunar habitation technologies underlying the investments are unproven at commercial scale.
Regulatory risk is another factor, as space sector operations require licenses and approvals from domestic and international bodies. Failure to obtain or maintain these could materially delay or prevent operations. Market risk is also present, as commercial demand for in-space power systems has not been established at scale, and projected market growth may not be realized within anticipated timeframes.
Planet Ventures’ investment in Mantis Space reflects a growing recognition that in-space infrastructure is no longer a distant prospect but an emerging commercial frontier. As more satellites populate low-Earth orbit, the ability to service and power them in space could become a critical capability. The company’s first foray into the space economy, while modest in size, positions it to potentially benefit from this transformation.
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