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.
The investment highlights a growing trend in the space sector: the shift from traditional satellite models to more modular, serviceable infrastructure. An orbital power grid could allow satellites to be smaller and less expensive, as they would not need large solar panels or heavy batteries. Instead, they could rely on wireless power transmission from a central grid, similar to how terrestrial devices use Wi-Fi for data. This concept has been explored by space agencies and private companies for years, but Mantis Space is among the first to attempt a commercial deployment.
Planet Ventures' investment comes at a time when the global space economy is projected to reach $1 trillion by 2040, according to industry estimates. The increasing number of satellite constellations for communications, Earth observation, and internet connectivity is driving demand for in-orbit services. Companies like Mantis Space are positioning themselves to provide essential infrastructure that could enable more efficient and sustainable space operations.
The investment also aligns with Planet Ventures' broader strategy of investing in disruptive technologies. The company actively invests in innovative businesses across high-growth industries, aiming to build long-term shareholder value. By backing Mantis Space, Planet Ventures gains exposure to the space infrastructure sector without requiring direct involvement in spacecraft manufacturing or launch services.
For more information on Planet Ventures Inc., visit their website at www.PlanetVenturesInc.com. The latest news and updates relating to PNXPF are available in the company's newsroom at https://ibn.fm/PNXPF. To view the full article, visit https://ibn.fm/gCHXi.
