Austin, TX - August 27, 2024 – Portal Space Systems is proud to announce that it has been awarded a $45 Million Strategic Funding Increase (STRATFI) by the United States Air Force. This prestigious award was announced on August 22, 2024, during the SpaceWERX STRATFI Successes and Selections panel held at the Fed Supernova event in Austin, Texas.

The STRATFI is a key initiative of SpaceWERX, a specialized division within the U.S. Space Force dedicated to bridging the gap between groundbreaking commercial technologies and military needs. By leveraging this funding, Portal Space Systems will continue the development of its next-gen satellite bus, Supernova, thus furthering its mission to redefine space maneuverability and support national interests.  

“This award not only provides vital financial support,” says CEO Jeff Thornburg, “But also underscores the strategic importance and interest from program offices in accelerating our development and advancing national capabilities.”

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About Portal Space Systems 

Portal Space Systems is a next-generation spacecraft company headquartered in Bothell, Washington. Portal's reconfigurable Starburst and Supernova spacecraft are built for rapid maneuver across and between orbital regimes, supporting defense and commercial missions on operational timelines. The company's Supernova vehicle is powered by FLARE, Portal's proprietary solar thermal propulsion system. Since emerging from stealth in 2024, Portal has raised $75 million in funding, earned SBIR and STRATFI support, and been named a Via Satellite "Top 10 Startup to Watch."