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Citra Space Corp Announces $15M Series A to Advance Space Object Identification Technology

Citra Space Corp Announces $15M Series A to Advance Space Object Identification Technology

April 17, 2026 Craig Etkin

COLORADO SPRINGS, Colo., April 13, 2026 /PRNewswire/ — Citra Space Corp, a space technology company developing space object identification (SOI) capabilities, today announced a $15 million Series A financing led by Washington Harbour Partners, with participation from Industrious Ventures, Reliable Properties, and existing investors including Scout VC, Squadra Ventures, Alumni Ventures, and Flex Capital. The funding will be used to support development and deployment of Citra’s technology among commercial and government partners.

Founded in 2024 by former U.S. Space Force and Air Force officers with experience in space domain awareness and orbital warfare, Citra is developing technology to improve how object identity is established and maintained. The team has direct experience from mission environments where object identity is often uncertain, and decisions must be made with incomplete information.

“Operators today can see more objects in orbit than ever before, but understanding what those objects are and what they’re doing is still a major challenge. The real problem is understanding the capabilities, behavioral patterns, and intent of on-orbit systems. The U.S. Space Force has built a strong foundation for space domain awareness, and this funding allows us to accelerate delivering working products that help operators get more out of that data,” said Tom “Pumper” Nichols, CEO and co-founder of Citra.

There are currently over 35,000 objects orbiting Earth for both civil and national security missions. Capabilities for tracking these objects have significantly improved, yet for roughly 10,000 of them, operators still lack context about what they are – an identification gap. Even for known objects, understanding their intent, behavior, and potential threat remains a separate and largely unsolved challenge – a characterization gap. Addressing both requires information from both space- and ground-based data sources. Citra’s technology and mission aim to solve this challenge.

“Characterization is one of the least developed pieces of space domain awareness,” said Mina Faltas, Founder and Chief Investment Officer at Washington Harbour Partners. “Washington Harbour Partners is proud to invest in Citra’s thoughtful, data-driven approach to a problem that has real operational consequences and expand our leadership in supporting organizations helping the nation expand our space superiority. By understanding what objects in space are, and how they behave – and why – Citra is bringing mission-critical knowledge to operators.”

The company’s approach merges multiple independent data sources to create persistent “fingerprints” of objects over time. By integrating different observation types into a single view, Citra provides operators with a more consistent and defensible basis for identifying and characterizing object activity on-orbit. Based in Colorado Springs, the company is developing technology for both government and commercial space operators.

About Citra Space Corp
Citra Space Corp is a space technology company focused on space object identification and characterization. The company fuses multi-source data into persistent fingerprints and behavioral profiles of objects in orbit, giving operators a defensible basis for decision-making in contested space environments. Citra is headquartered in Colorado Springs, Colorado.

Contact:
whp@invariantgr.com

SOURCE Citra Space Corporation

Copyright © 2026 Cision US Inc.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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