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 orbit, a capability that could underpin a new era of space infrastructure.
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 has made its first move into the space economy, backing Mantis Space.
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 manage power, extend mission life and reduce space debris. An orbital power grid could provide a shared resource that reduces the need for each satellite to carry large solar arrays and batteries, potentially lowering launch costs and enabling more ambitious missions.
Planet Ventures' investment in Mantis Space aligns with a broader trend of private capital flowing into space infrastructure. The company's portfolio approach aims to capture value across multiple segments of the emerging space economy. Mantis Space's technology could become foundational for in-orbit servicing, assembly and manufacturing (ISAM), a market that government agencies like NASA and the U.S. Space Force are actively developing.
The investment also reflects Planet Ventures' strategy of identifying structural, rather than speculative, growth drivers. As the space economy matures, infrastructure services that enable sustained operations in orbit are expected to see increasing demand. Mantis Space's power grid concept addresses a critical bottleneck: the limited energy available to satellites once deployed. By providing a means to transfer power between spacecraft, the grid could extend satellite lifetimes, reduce the need for replacement launches and support larger orbital structures.
Planet Ventures' entry into the space sector comes at a time when the global space economy is projected to grow significantly. According to industry reports, the market for in-space services could reach tens of billions of dollars within the next decade. The company's investment in Mantis Space positions it to participate in this growth, though risks remain. Early-stage space technologies are unproven at commercial scale, and regulatory hurdles could delay deployment.
Planet Ventures will continue to provide updates on its space investments through its newsroom at https://nnw.fm/PNXPF. The company cautions that forward-looking statements involve risks and uncertainties, including those related to technology development, market adoption and regulatory approvals.
