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- The demand driving key space services is structural not speculative.
- Mantis Space is developing what it described as the world’s first power grid in space.
- Planet Ventures completed a $200,000 strategic equity investment in MantisA Space, marking the company’s first deployment of capital into the sector.
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. Into this pivotal moment, Planet Ventures (CSE: PXI) (OTC: PNXPF) has made its first move into the space economy, backing Mantis Space, a company working to build the first power grid in orbit.
The demand driving these services is structural not speculative. 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 extend satellite lifespans, reduce the cost and weight of onboard power systems, and manage orbital congestion.
Traditional satellite architecture requires each spacecraft to carry its own solar panels and batteries for the entire duration of its mission, an expensive, mass-intensive design constraint that limits performance and economic viability. The emerging space-to-space economy is evolving specifically to address these constraints by turning space infrastructure into shared, persistent services rather than single-use hardware.
For example, Astroscale U.S. is set to conduct what will be the first-ever commercial refueling of a U.S. Department of Defense satellite in geostationary orbit, with a mission manifested to launch in the summer of 2026. In terms of debris management, Astroscale’s ELSA-M program, designed as the world’s first commercial end-of-life removal service for prepared satellites, is advancing toward a 2026 launch following a launch services agreement signed with Isar Aerospace in March 2026.
Meanwhile, analysts and industry groups are pointing to the need for standardized servicing interfaces, shared logistics infrastructure and persistent in-orbit capabilities, a recognition that orbital operations are maturing into something much more analogous to a managed industrial ecosystem than a series of independent launches. A December 2025 analysis from NASA’s Consortium for Space Mobility and ISAM Capabilities identified GEO satellite refueling as one of the most practically valuable near-term applications of on-orbit servicing, calling for focused investment and coordinated policy to accelerate adoption.
Mantis Space is building directly into this gap. The company is developing what it describes as the world’s first power grid in space, a scalable satellite constellation optimized for continuous solar energy collection and wireless redistribution through proprietary laser-based technology. The system is designed so that satellites built to receive power from the Mantis network require fewer onboard solar panels and batteries, resulting in smaller, lighter and less expensive spacecraft.
The analogy Planet Ventures uses in this scenario is compelling: In the early days of the automobile, drivers had to carry all the fuel they needed for a trip; the gas station was the disruptive invention that changed vehicle design entirely. Mantis positions orbital energy distribution as that same structural enabler for the next generation of space operations. The company has already attracted meaningful institutional confidence: Its headquarters expansion in Albuquerque, New Mexico, is supported by $2.5 million through New Mexico’s Local Economic Development Act program and an additional $500,000 from the city of Albuquerque, reflecting public-sector conviction in its long-term impact.
Planet Ventures completed a $200,000 strategic equity investment in Mantis Space in February 2026, marking the company’s first deployment of capital into the space sector. The investment was made in exchange for 49,313 shares at $4.0557 per share and was part of a broader financing round for Mantis.
For Planet Ventures, the transaction is consistent with its stated mandate as a publicly traded investment issuer focused on high-growth, disruptive sectors, giving ordinary shareholders exposure to private space startups that would typically be accessible only to institutional venture capital.
“The commercialization of space is accelerating rapidly, and infrastructure solutions such as orbital energy distribution are foundational to the next phase of growth,” said Planet Ventures CEO Etienne Moshevich. “We believe Mantis Space is building in a strategically critical segment of the space economy, and we are excited to support their development.”
The investment also aligns Planet Ventures with a theme that is becoming central to the space industry’s next chapter. As the company notes, the most attractive opportunities in space remain locked inside private companies inaccessible to most individual investors, and Planet is built to bridge that gap. By positioning early in orbital infrastructure rather than in launch or earth observation, segments that are already maturing and increasingly commoditized, Planet Ventures is placing its thesis at the intersection of energy, satellite operations and in-space logistics. If Mantis delivers on its vision, Planet Ventures will have established a foothold in what could become one of the most critical utility businesses of the coming decade.
For more information, visit www.PlanetVenturesInc.com.
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