TNW

Everyone else is shrinking satellites. K2 raised $500m to build giant ones, and put AI in orbit.

Most satellite startups are racing to build smaller. K2 Space is going the other way, on purpose. Investors just handed it $500 million to keep going bigger. K2 raised a $500 million Series D at a $6.8 billion valuation, it said on Thursday. Kleiner Perkins and ICONIQ led the round, with Alphabets CapitalG, Lightspeed and [] This story continues at The Next Web