Northwood Raises $375 Million to Expand Satellite Ground Network

Northwood Space has secured $375 million in Series C funding to expand its satellite ground infrastructure. The venture capital round, led by Andreessen Horowitz and DFJ Growth, values the Torrance-based company at $2 billion. Additional investors include Alpine Space Ventures, Washington Harbour Partners, Stepstone Activate and In-Q-Tel.

The financing will enable Northwood to accelerate existing contracts, hire more personnel and extend its network to commercial, U.S. government and allied space missions. Co-founder and CEO Bridgit Mendler emphasized the importance of mission-critical satellite communications for future space missions.

Since the company's last funding round in January 2026, Northwood has deployed six multi-orbit-capable sites across two continents. The company's Portal phased arrays support satellite command and control operations, while its Prism high-throughput dishes handle payload data transmission. Northwood has also opened a 185,000-square-foot headquarters and factory in Torrance, increasing its manufacturing capacity more than fivefold.

Rising satellite deployments are driving demand for shared ground infrastructure, enabling operators to manage communication capacity across different orbits. Northwood's software allows customers to search, reserve and manage satellite communication passes, while its Mission Architects provide technical support. With over 140 employees, the company expects to add 400 more positions over the next three years across radio-frequency engineering, software development and manufacturing.