Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) (FSE: P6U) has entered the growing space infrastructure sector with a $200,000 strategic equity investment in Mantis Space, a company developing what it describes as the world’s first orbital power grid. The investment reflects Planet Ventures’ strategy of providing public market investors with exposure to emerging private companies in high-growth industries.
Mantis Space aims to enable satellites to receive wireless power in orbit, potentially reducing spacecraft size, weight and cost while supporting the expanding space economy. The move comes as demand for on-orbit services such as refueling, debris removal and shared infrastructure accelerates alongside projected growth in satellite launches, positioning Planet Ventures at the intersection of energy, satellite operations and in-space logistics.
According to the company, the investment aligns with its mandate to back disruptive companies across high-growth industries. Planet Ventures describes itself as an investment issuer that actively invests in innovative businesses to build long-term shareholder value. More information about the company is available on its website at www.PlanetVenturesInc.com.
Mantis Space’s orbital power grid concept addresses a key bottleneck in satellite design: the need for large solar panels and batteries. By receiving power wirelessly, satellites could be smaller, lighter, and cheaper to launch, while also enabling longer missions and more flexible operations. This technology could also support in-space servicing and manufacturing, further expanding the space economy.
The investment comes at a time when the space industry is experiencing rapid growth, driven by increasing satellite launches for communications, Earth observation, and other applications. On-orbit services, including refueling, debris removal, and logistics, are becoming critical as the number of satellites in orbit rises. Planet Ventures’ investment in Mantis Space provides public market investors with a stake in this emerging sector.
Investors interested in the latest news and updates regarding PNXPF can find them in the company’s newsroom at https://ibn.fm/PNXPF. The full article detailing this investment is available at https://ibn.fm/gCHXi.
