GITAI, a space robotics company, has raised an additional $15.5 million in venture capital, bringing its total funding to approximately $83 million.
The funding will support GITAI's plans to develop advanced robotic systems for infrastructure construction on the Moon and tasks in low Earth orbit.
The company has made significant technological advancements, including passing evaluations corresponding to Level 6 of NASA's Technology Readiness Level.
GITAI has secured a NASA research contract and a DARPA award, positioning itself as a key player in lunar exploration and infrastructure development.
The company is preparing for two demonstration missions to showcase its capabilities.
The competitive landscape for in-orbit servicing is intensifying, with several companies developing spacecraft to address the growing demand.
GITAI is well-positioned to play a pivotal role in the future of space exploration and infrastructure development.