Planet Ventures Invests in Mantis Space to Advance In-Orbit Power Grid Technology

Planet Ventures Inc. has made a strategic $200,000 equity investment in Mantis Space, which is developing the world's first orbital power grid, positioning the company to capitalize on the growing space infrastructure sector.

LA Metrowire Staff
Technology
Planet Ventures Invests in Mantis Space to Advance In-Orbit Power Grid Technology

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

Mantis aims to enable satellites to receive wireless power in orbit, potentially reducing spacecraft size, weight and cost while supporting the expanding space economy. The move comes as demand for on-orbit services such as refueling, debris removal and shared infrastructure accelerates alongside projected growth in satellite launches, positioning Planet Ventures at the intersection of energy, satellite operations and in-space logistics.

Planet Ventures Inc. is an investment issuer that actively invests in disruptive companies across high-growth industries. The company aims to build long-term shareholder value through strategic investments in innovative businesses. For more information, visit www.PlanetVenturesInc.com.

The latest news and updates relating to PNXPF are available in the company’s newsroom at https://ibn.fm/PNXPF.

This investment underscores the growing importance of in-space infrastructure as satellite launches increase. By backing Mantis, Planet Ventures is betting on a technology that could revolutionize satellite design and operations, potentially lowering barriers to entry for new space ventures. The orbital power grid concept, if successful, could enable longer satellite lifespans and reduce the need for heavy onboard power systems, freeing up space and weight for additional payloads.

As the space economy expands, companies like Mantis are positioned to provide critical services that support satellite operations and sustainability. Planet Ventures’ investment provides a pathway for public market investors to gain exposure to these emerging technologies without directly investing in private companies.

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