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Story summary
- K2 Space, founded by former SpaceX engineers, raised $250 million and is valued at $3 billion.
- K2 Space's satellites deliver 20 kilowatts of power and cost $15 million each, enabled by in-house production.
- K2 Space plans to launch Gravitas in March 2026 and conduct multiple launches through 2027.
- The global satellite manufacturing market reached $20 billion last year, signaling demand for K2's solutions in commercial and government sectors.
