Securing our National Security in Space: Our Investment in True Anomaly

We're excited to announce Accel's lead investment in True Anomaly's $260 million Series C. This investment will accelerate True Anomaly’s development of next-generation space defense technologies and scale up production and talent to ensure the ongoing prosperity and security of the global economy. 

The national security of the United States and our allies, as well as the infrastructure to support our modern economy, is dependent on retaining our dominant position in Space. Over the last fifty years, the United States has been the pre-eminent country in developing space technology. Today, that status is challenged by increasingly sophisticated adversaries, who threaten our economy, technology infrastructure, and national security.

Our economy is increasingly dependent on space. Thousands of orbiting satellites power GPS-dependent systems, assets upon which our modern military, transport, communications, agriculture, and utilities rely. Recent breakthroughs in microgravity manufacturing, including pharmaceutical development, are accelerating the rapid industrialization of space. Experts predict that by 2030, over 100,000 operational satellites will be in orbit. As space activity increases, it becomes more strategically important. Currently, this infrastructure is under threat and insecure. True Anomaly's mission to secure and defend these assets, with a focus on scalability and cost-effectiveness, has never been more critical. The evolving landscape of space necessitates a new approach to security that can adapt to the growing complexity and scale of space operations.

Few people are better suited to lead the development of space security than True Anomaly CEO and founder, Even Rogers. He’s a veteran leader of both the Air Force and Space Force and wrote several of the seminal texts that serve as foundational doctrine and training for U.S. military space operations. The team he’s built around him marries deep domain expertise and experience working with government agencies to define and build a new generation of defense technologies.

We've been particularly impressed by True Anomaly's product suite, which includes Jackal, an advanced autonomous orbital vehicle (AOV) capable of operating across different orbits, and Mosaic, the first modern software stack purpose-built for space superiority operations. These technologies enable unprecedented capabilities in space threat detection and deterrence. True Anomaly has secured meaningful contracts across hardware, software, and services with the U.S. Government and is well-positioned to support the U.S. and its allies in the next era of space superiority.

While defense technology has evolved, it hasn’t kept pace with the complexity of global threats. We believe now is the time to reimagine global security to ensure our ongoing stability, and governments worldwide have begun to embrace the need for new technologies. This is creating tremendous opportunities for talented technical teams like True Anomaly.

We look forward to supporting True Anomaly as they continue to develop the products needed to secure the present and future of Space.