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Planet Ventures Invests in Mantis Space to Build Orbital Power Grid

By Editorial Staff
Planet Ventures Inc. has made a $200,000 strategic equity investment in Mantis Space, which is developing the first orbital power grid to wirelessly power satellites, potentially reducing spacecraft costs and supporting the growing space economy.
Planet Ventures Invests in Mantis Space to Build Orbital Power Grid

Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) (FSE: P6U) has announced a strategic equity investment of $200,000 in Mantis Space, a company that is developing what it describes as the world's first orbital power grid. The investment positions Planet Ventures to capitalize on the rapidly expanding space infrastructure sector, providing public market investors with exposure to emerging private companies in high-growth industries.

Mantis Space aims to enable satellites to receive wireless power in orbit, a capability that could significantly reduce spacecraft size, weight, and cost. By offering on-orbit power delivery, Mantis's technology could support a range of services such as refueling, debris removal, and shared infrastructure, which are becoming increasingly critical as satellite launches accelerate. The move comes at a time when demand for in-space logistics and energy solutions is projected to grow in tandem with the expanding space economy.

For Planet Ventures, the investment is part of a broader strategy to back disruptive companies across high-growth industries. The company focuses on building long-term shareholder value through strategic investments in innovative businesses. By entering the space infrastructure sector, Planet Ventures positions itself at the intersection of energy, satellite operations, and in-space logistics.

The space infrastructure market is gaining momentum, with a growing number of companies developing technologies for on-orbit services. According to industry projections, the number of satellite launches is expected to increase significantly, driving demand for services like wireless power transfer, refueling, and debris removal. Mantis Space's orbital power grid could play a pivotal role in enabling these services by providing a reliable power source for satellites that need to operate longer or perform complex maneuvers.

For investors, this development highlights the potential of space infrastructure as a new frontier for growth. Public market investors can gain exposure to private companies like Mantis Space through investment issuers like Planet Ventures, which offer a vehicle for participating in the space economy without directly investing in individual private companies. The investment also underscores the importance of energy solutions in space, as satellites require consistent power to function effectively.

The implications of wireless power in orbit extend beyond cost savings. By eliminating the need for large solar panels or heavy batteries, satellites could be designed more compactly and efficiently, potentially enabling new applications such as persistent surveillance, global internet coverage, or deep-space exploration. Moreover, the ability to recharge satellites in orbit could extend their operational lifespans and reduce space debris, as defunct satellites could be repowered and deorbited safely.

Planet Ventures' investment in Mantis Space reflects a growing trend among investment issuers to seek opportunities in disruptive technologies that address critical infrastructure needs. As the space economy continues to expand, companies that provide foundational services like power, logistics, and communications are likely to see increased demand. For more information about Planet Ventures, visit PlanetVenturesInc.com.

Editorial Staff

Editorial Staff

@editorial-staff

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