Proteus Space
An AI-powered automated satellite design and manufacturing company that creates custom, payload-tailored satellite buses through its MERCURY™ platform, eliminating the constraints of standardized spacecraft buses.
- CEO / Founder
- David Kervin
- Team Size
- 11-50
- Stage
- Commercial operations with flight heritage - successfully launched M1 ESPA-class satellite (9 months from design to orbit); raised $4.2M Seed (Oct 2023) + $6.1M Seed-2 (Mar 2025); first commercial payload customer secured
- Total Funding
- $14.75M
- Latest Round
- Seed-2 ($6.1M, Mar 2025)
- Key Investors
- ["Lavrock Ventures","Moonshots Capital","SAIC","The Veteran Fund","Crosscut Ventures"]
Technology & Products
Key Products
["MERCURY™ AI-enabled Automated Satellite Design Platform","Custom Payload-Tailored Satellite Bus Design & Manufacturing","Full Lifecycle Services (Design, AI&T, Launch Integration, LEOPs, Operations)","Digital Engineering Models & Parametric B-Rep CAD Packages","Launch Brokering & Licensing Services","Comprehensive Environmental Testing & Qualification"]
Technological Advantage
Combines AI-enabled deterministic physics-anchored multi-objective concurrent engineering with Industry 4.0 digital/physical twin system; autonomously selects components and vendors based on TRL level, lead times, cost, and performance specifications; delivers verified parametric B-Rep CAD and digital engineering models 1000x faster design exploration, 8x faster to CDR, 24x less labor, 90% fewer meetings than traditional approaches; leverages additive manufacturing with titanium and multi-material components to reduce part count by 3x
Market & Competition
Target Customers
U.S. Government agencies (DoD, NASA, SpaceWERX, AFRL), commercial satellite operators, payload owners requiring custom satellite bus solutions, aerospace primes
Industry Verticals
["Aerospace & Defense","Government/DoD","Space & Satellite Systems","Earth Observation","Deep Space Exploration","National Security Space"]
Competitors
["Cognitive Space","Rocket Lab","Sidus Space"]