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Top related persons:
Karan Kunjur - 1 Neel Kunjur - 1 Brad - 1 Glenn - 1
Top related locs:
Los Angeles
Top related orgs:
K2 - 1 Alpine Space Ventures - 1 First - 1 Capital - 1 Republic Capital - 1 CNBC - 1

Search resuls for: "Karan Kunjur"


2 mentions found


☆ K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million
  + stars: | 2024-02-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +1 min
Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. The company's latest fundraiser was led by tech investor Brad Gerstner's Altimeter Capital and joined by Alpine Space Ventures, adding to the $8.5 million in seed funding it raised from investors including First Round Capital and Republic Capital. K2 declined to specify its valuation after the most recent round. "This round is effectively built for the demand that we're seeing for launching constellations of the Mega class satellites," Karan Kunjur told CNBC. K2's Mega class satellite bus — the physical structure of a spacecraft that provides power, movement and more — is sized to fit in "heavy" and "super heavy" rockets.
Persons: Karan Kunjur, Neel Kunjur, Brad, Glenn Organizations: K2, Alpine Space Ventures, First, Capital, Republic Capital, CNBC Locations: Los Angeles
☆ Meet the brothers building massive spacecraft to leverage SpaceX’s Starship
  + stars: | 2023-03-10 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +4 min
What we're finding is that, with the new launch capabilities of vehicles like Starship, there's actually an interesting opportunity to go the opposite direction," Karan Kunjur told CNBC. Los Angeles-based startup K2 Space, co-founded by CEO Karan Kunjur and CTO Neel Kunjur, is setting out to build satellite buses — the physical structure of a spacecraft that provides power, movement and more. A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive satellites in a bet that towering rockets such as SpaceX's Starship are the way forward. K2 Space, a play on the brothers' surname and a nod to astronomer Nikolai Kardashev's scales of civilization, marks Karan and Neel's first venture together and fuses their previously divergent careers. For K2, the company is targeting prices that would be unheard of for satellite buses of these sizes.
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