Axial Partners
Assembly Line
Announcing Loft's $170M Series C
Loft announces $170M Series C funding to reach fleet scale in 2025, with a goal of operating one of the largest heterogeneous satellite fleets in Low Earth Orbit. The company has developed a modular and universal payload adapter, Hub, and flexible mission operations software, Cockpit, to enable rapid and reliable satellite deployments. With over $500M in lifetime bookings, Loft has established itself as a leader in the space industry, with a focus on simplicity, speed, and reliability. The company is also investing in artificial intelligence and machine learning capabilities, with the launch of satellites equipped with high-value sensors, compute, and always-on connectivity. Loftโs vision is to provide real-time insights directly from space, and the company is working to build an ecosystem of AI application partners to achieve this goal.