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. Planet 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 is significant because it gives public market investors a chance to participate in the early stages of a potentially transformative space technology. Mantis’s orbital power grid could address a key bottleneck in satellite operations: limited onboard power. By enabling wireless power transfer, satellites could be built smaller and cheaper, and missions could be extended beyond the life of their batteries. This technology could also support satellite servicing, refueling, and debris removal, creating new revenue streams in the space economy.
Planet Ventures’ focus on high-growth industries aligns with the accelerating commercialization of space. The global space economy is projected to reach $1 trillion by 2040, driven by declining launch costs and increasing satellite deployments. Mantis’s technology could be a critical enabler for this growth, and Planet Ventures’ early investment positions the company to capture value as the sector matures.
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