Planet Ventures Invests in Mantis Space to Build First Orbital Power Grid
June 17th, 2026 2:35 PM
By: Newsworthy Staff
Planet Ventures Inc. makes its first strategic investment in the space economy by backing Mantis Space, which aims to develop the world's first power grid in orbit, signaling a shift from theoretical roadmaps to commercial reality in space infrastructure.

Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) has completed a $200,000 strategic equity investment in Mantis Space, marking the company's first deployment of capital into the space sector. Mantis Space is developing what it describes as the world's first power grid in space, a critical component for the emerging space infrastructure era.
The space industry is no longer just launching satellites; it is beginning to service, fuel and power them in orbit, and the shift from concept to commercial reality is accelerating. After years of theoretical roadmaps, capabilities such as on-orbit refueling, debris removal, in-space assembly and orbital power distribution are now drawing serious capital, government contracts and engineering milestones.
"The demand driving these services is structural not speculative," according to a press release from Planet Ventures. Novaspace's 2026 small satellite market report 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 operational needs in orbit.
Planet Ventures' investment in Mantis Space positions the company to capitalize on this structural demand. The company's strategy focuses on early-stage investments in transformative technologies, and the space sector represents a significant growth opportunity. The global space economy is projected to reach $1.8 trillion by 2035, according to industry estimates, and orbital energy systems are expected to play a foundational role.
Mantis Space's orbital power grid aims to provide continuous power to satellites and spacecraft, reducing reliance on onboard solar panels and batteries. This technology could enable longer missions, reduce costs, and support in-space manufacturing and assembly. The company is also working on related technologies such as wireless power transmission and orbital energy storage.
Investing in early-stage space companies carries high risk, as noted in the company's forward-looking statements. Portfolio companies have limited operating histories and are pre-revenue, and technologies like orbital power grids are unproven at commercial scale. Regulatory hurdles, market risks, and the need for additional capital are also significant factors.
Despite these risks, Planet Ventures believes that the strategic importance of its investment in Mantis Space could yield substantial returns if the technology is successfully developed and deployed. The company's investment aligns with broader trends in the space industry, where governments and private enterprises are increasingly focused on sustainable in-orbit operations.
For more information on Planet Ventures and its portfolio, visit the company's newsroom at https://nnw.fm/PNXPF.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
