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Kayhan Space Raises a $7M Seed Expansion Round

By Rachel Jewett | September 19, 2023

Kayhan Space Pathfinder collision avoidance platform. Photo: Kayhan Space

Kayhan Space raised $7 million in a seed extension round to advance the development of its Pathfinder spaceflight safety platform. Venture capital firms Space Capital and EVE Atlas funded the extension round.

Kayhan Space said in a Tuesday announcement it plans to open an office in Washington, D.C. and grow its team of U.S. based employees from 20 to more than 30, adding roles in business development, engineering, and marketing. 

The company is preparing to launch the beta version of Pathfinder 3.0, the third release of its space safety platform. Pathfinder 3.0 provides new features that combine conjunction risk assessment, optimized collision avoidance maneuver planning, and the ability to autonomously pre-coordinate maneuver responsibility and event mitigation status using the Space Safety Coalition’s (SSC) Best Practices for the Sustainability of Space Operations. The company said that dozens of operators use the Pathfinder solutions. 

Kayhan Space CEO and co-founder Siamak Hesar said the new funding is a milestone for the company: “Pathfinder 3.0 is a game-changer for space traffic management, as it provides a structured protocol for operators to coordinate maneuver responsibility at the machine level, and then automate maneuverability and collision avoidance at scale using an established rules-based framework.”