Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) has announced 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 deployment of capital into the space sector, as the industry transitions from conceptual planning to commercial reality in areas such as on-orbit refueling, debris removal, in-space assembly and orbital power distribution.
The demand driving these services is structural, not speculative, according to a Novaspace 2026 small satellite market report that forecasts 16,900 satellites under 500 kg will be launched between 2026 and 2035, averaging roughly 640 kg of payload deployed daily. As constellations scale, operators face mounting pressure to manage power and servicing needs in orbit, creating a market for infrastructure that did not previously exist.
Mantis Space aims to address this gap by building an orbital power grid capable of distributing energy to satellites and other spacecraft, potentially reducing reliance on onboard solar panels and batteries. The technology could enable longer mission durations, greater payload capacity and new capabilities for in-space operations. Planet Ventures' investment positions the company to benefit from the growth of the global space economy, which is expected to expand significantly as governments and commercial entities increase their presence in low-Earth orbit and beyond.
Planet Ventures' entry into the space sector aligns with its strategy of investing in early-stage companies with disruptive technologies. The company's portfolio also includes investments in other innovative ventures, and the Mantis Space deal represents a strategic pivot toward high-growth industries. The investment is structured as a direct equity purchase, giving Planet Ventures a stake in Mantis Space's future development and potential returns as the orbital power grid concept moves toward commercial deployment.
The space industry's shift toward servicing and powering assets in orbit is attracting serious capital and government contracts. Mantis Space's progress will depend on overcoming technical and regulatory hurdles, but the company's focus on a foundational infrastructure component positions it at the forefront of the space infrastructure era. Planet Ventures' backing provides Mantis Space with additional resources to advance its technology and pursue partnerships with satellite operators and space agencies.
For more information on Planet Ventures and its investment strategy, visit the company's newsroom at https://nnw.fm/PNXPF. This article is for informational purposes only and does not constitute investment advice.
