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.
This investment is significant because it targets a critical bottleneck in space operations: power. Satellites currently rely on solar panels and batteries, which add mass and limit capabilities. An orbital power grid could allow smaller, lighter satellites to operate more efficiently, reducing launch costs and enabling new missions. For the broader space industry, this technology could unlock in-space manufacturing, data centers, and sustained human presence beyond Earth.
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.
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