Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) has announced a strategic equity investment of $200,000 in Mantis Space, a company working to build the first power grid in orbit. This marks Planet Ventures' first deployment of capital into the space sector, signaling the growing commercial viability of in-orbit services such as refueling, debris removal, assembly, and power distribution.
The space industry is undergoing a fundamental shift from launching satellites to servicing, fueling, and powering them in orbit. According to a Novaspace 2026 small satellite market report, between 2026 and 2035, an estimated 16,900 satellites under 500 kg will be launched, averaging roughly 640 kg of payload deployed daily. As constellations scale, operators face mounting pressure to manage orbital assets efficiently, driving demand for infrastructure services that are structural, not speculative.
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 launch costs, and support new capabilities such as in-space manufacturing and data processing. Planet Ventures' investment positions it to capitalize on the projected growth of the global space economy, which is expected to reach $1 trillion by 2040 according to industry forecasts.
"The demand driving key space services is structural not speculative," the company stated in its announcement. By backing Mantis Space, Planet Ventures gains exposure to a critical infrastructure layer that could become foundational to the next generation of commercial space activity.
Investing in early-stage space ventures carries significant risks, including technology unproven at commercial scale, regulatory hurdles, and market acceptance. Planet Ventures' portfolio companies have limited operating histories and may require additional funding. However, the company believes that orbital energy and robotic servicing systems will play a pivotal role in future in-orbit operations.
Planet Ventures' newsroom provides the latest updates on PNXPF at https://nnw.fm/PNXPF. Investors are encouraged to review the company's filings and risk disclosures before making investment decisions.
This article is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Planet Ventures Inc. has paid NetworkNewsWire $100,000 for marketing services for one year. Forward-looking statements in this article are subject to risks and uncertainties, and actual results may differ materially.
