Catalyx Space Secures $5.4 Million Seed Round to Build for the Next Era of Orbital Logistics

2 hours ago 2

Article content

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

  • Catalyx is building the complete back-end infrastructure for space: hardware, software, and operations that make upmass and downmass function like scheduled logistics, not one-off missions.
  • Launch is predictable; downmass isn’t. Catalyx is turning the return leg into a bookable service for microgravity-manufactured products, time-sensitive research, component returns, and sample logistics, closing the loop that makes orbit behave like infrastructure.

Article content

Article content

Article content

SAN FRANCISCO — Catalyx Space, Inc., a space infrastructure company providing turnkey solutions for orbital missions across industries, recently announced its oversubscribed $5.4 million Seed funding round led by venture capital firm Outlander VC. The announcement follows on the heels of its January $1.7 million pre-Seed round , which culminated in their first successful capsule drop test within an accelerated six-month timeline. The new funds will be used to commercialize its next-gen reentry architecture, bolster overseas operations, and expand its global customer acquisition capabilities. The round also had participation from: Arka Venture Labs, Lex Reddy, KDX Management LLC, Together Fund, Higher Life Ventures, Nivesha Ventures, Prana Tech Ventures, Bria, HF0 Residency, and Techstars.

Article content

“Catalyx’s mission is to accelerate the commercialisation of space by enabling rapid, reliable, and affordable orbital access and experimentation — the future of space isn’t one-way; it’s a round trip”

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

“Space isn’t the next frontier — it’s the next infrastructure layer. Catalyx is making orbit as accessible and programmable as the cloud, and that shift will unleash entirely new industries. We are proud to back a team building the backbone of this transformation,” said Paige Craig, founder and managing partner of Outlander VC.

Article content

“Rifath’s story is one of relentless obsession. From building his first satellite as a teenager to leading Catalyx today, he’s never stopped chasing what others call impossible. I meet thousands of founders a year, and very few move with the speed and precision of Rifath and his team. Catalyx’s ability to go from idea to orbit at their pace is redefining how the space industry builds,” added AJ Smith, Investing Partner at Outlander VC.

Article content

The history of Catalyx begins with its founder, Rifath Shaarook, who, frustrated by the prolonged development windows and complex, fragmented infrastructure in the space industry, founded Catalyx in 2024. A space veteran with dozens of successful missions, Shaarook made headlines at the age of 18 when he designed KalamSat then the world’s lightest satellite and a 3D-printed engineering marvel.

Article content

“Catalyx’s mission is to accelerate the commercialization of space by enabling rapid, reliable, and affordable orbital access across industries, including defense, advanced manufacturing, and biopharma. This funding milestone moves us closer to making that future a reality,” Shaarook stated.

Article content

According to Fortune Business Insights, the global space infrastructure market was valued at $146 billion in 2024 and is projected to reach $308 billion by 2032. Catalyx aims to meet this growing demand with a fully integrated, one-stop solution for next-generation space applications.

Article content

Article content

About Catalyx Space

Article content

Catalyx is re-imagining space access, building autonomous labs with re-entry capabilities. Founded by Rifath Shaarook, Clinton D Antony, Keerthan Chand Aluvala, and Saqib Hussain, Catalyx’s stack spans reentry and recovery systems, lightweight spacecraft buses, ground-station software, and a non-canisterized deployment standard for smallsats. Catalyx serves innovators, researchers, and enterprises across key industries, including defense, advanced manufacturing, and biopharma, enabling customers to test, build, and iterate in microgravity environments faster and more affordably.

Article content

To learn more, visit www.catalyx.space or follow @CatalyxSpace on social media.

Article content

Article content

Article content

Article content

View source version on businesswire.com:

Article content

Article content

logo

Article content

Contacts

Article content

Media Contact:

Article content

Article content

Article content

Read Entire Article