Planet Ventures Inc. (CSE: PXI) (OTC: PNXPF) (FSE: P6U) has entered the 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 Space aims to enable satellites to receive wireless power in orbit, potentially reducing spacecraft size, weight and cost while supporting the expanding space economy. The technology could address key challenges in satellite design, allowing for smaller, more efficient spacecraft that rely on orbital power rather than large onboard solar panels or batteries. This innovation is particularly relevant as the number of satellite launches continues to rise, with projections indicating significant growth in the coming years.
The move comes as demand for on-orbit services such as refueling, debris removal and shared infrastructure accelerates. Planet Ventures' investment positions the company at the intersection of energy, satellite operations and in-space logistics. The company aims to build long-term shareholder value through strategic investments in innovative businesses across high-growth industries.
Planet Ventures is an investment issuer that actively invests in disruptive companies. For more information about Planet Ventures, 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 interest in space infrastructure as a commercial opportunity. The ability to wirelessly transmit power in orbit could transform satellite operations, reducing reliance on ground-based power sources and enabling longer missions. Mantis Space's orbital power grid could also support future space stations, lunar bases and deep space exploration, making it a critical component of the next generation of space infrastructure.
Planet Ventures' strategic investment provides a pathway for public market investors to gain exposure to this emerging sector. As the space economy expands, companies like Mantis Space are poised to play a pivotal role in developing the infrastructure needed for sustained orbital activities.
