According to filings with the U.S. Securities and Exchange Commission, Portal Space Systems is raising up to $72,411,388.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

About Portal Space Systems
Portal Space Systems is a Seattle-based space start-up solving the need for mobility in space. Our flagship product, the Supernova satellite bus, is engineered for rapid and long-range in-space maneuverability. Our payload-agnostic, 500 kg spacecraft features a novel solar-thermal propulsion system, which enables an ultra-high delta-v, a 50X improvement over existing products on the market. The company was founded in 2021 by industry leader Jeff Thornburg, alongside COO Ian Vorbach and VP of Engineering Prashaanth Ravindran. We are on a mission to empower the next generation of space operators to maintain space superiority.

To learn more, visit https://www.portalsystems.space/
Company LinkedIn: https://www.linkedin.com/company/portal-space-systems/

Contact:
Jeffery Thornburg, Chief Executive Officer
661-609-7325
https://www.linkedin.com/in/jeffthornburg/

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