PiggyGPT

Private companiesCovered

True Anomaly

Centennial, CO · Founded 2022

True Anomaly builds the Jackal autonomous orbital vehicle, the Mosaic mission software and space-based interceptors, sold to the U.S. Space Force, which flew Jackal on its Victus Haze responsive-space mission and holds the company under Golden Dome, Andromeda and GHOST-R agreements.

Profile

What it builds and who buys it

  • ·The company page lists autonomous spacecraft, advanced payloads, mission software and space-based interceptors, and describes True Anomaly as a defense technology company focused exclusively on space, with GravityWorks factories in Centennial and Long Beach, mission control in Colorado Springs and a Washington office.True Anomaly (company page)
  • ·Jackal carries up to 800 metres a second of delta-v in its baseline form and up to 1,000 in the geosynchronous and cislunar variants, which take up to 200 kilograms and 1,000 watts of payload on a large propellant tank in an ESPA-Grande form factor with a 20-thruster configuration; the first GEO and cislunar missions were set for 2026.True Anomaly (company release), Apr 3, 2025
  • ·GravityWorks in Centennial opened in August 2023 at 35,000 square feet, built to turn out one tested, mission-ready satellite every five days, with a NOAA licence for Jackal 1 and 2 to image in radar, shortwave and longwave infrared and visible bands and an FCC authorization to demonstrate spacecraft-to-spacecraft rendezvous.True Anomaly (release via PR Newswire), Aug 17, 2023
  • ·Space Systems Command awarded a $17.4 million SBIR Phase III contract in September 2023 for a suite of space domain awareness applications delivered through Mosaic, after a Direct-to-Phase II whose 21-month scope the company delivered in four months.True Anomaly (release via PR Newswire), Sep 21, 2023
  • ·The first two Jackals launched on SpaceX’s Transporter-10 on March 4, 2024. Both detumbled, deployed solar panels and generated power, Jackal 1 returned initial telemetry through Mosaic, and by March 21 the company could not verify that either was functional and said the rendezvous and proximity objectives would not be met, promising a second flight test within 12 months.True Anomaly (company release), Mar 21, 2024
  • ·In April 2024 the company laid off about 25 percent of staff, nearly 30 people from the 107 employed when the Series B closed, and cancelled its summer internship, citing duplicated roles after rapid growth.TechCrunch, Apr 25, 2024
  • ·Victus Haze, awarded in April 2024 by Space Systems Command’s Space Safari office with SpaceWERX, is $30 million of Space Force funding matched by $30 million of private capital, a $60 million effort to build a rendezvous-capable Jackal and a command-and-control centre by fall 2025, then hold the vehicle in hot standby; Rocket Lab is the co-demonstrator and Agile Space Industries the propulsion supplier.True Anomaly (company release), Apr 11, 2024
  • ·True Anomaly is one of 20 awardees on the Space Rapid Capabilities Office’s Rapid Resilient Command and Control indefinite-delivery contract of up to $1 billion, awarded in June 2024 for satellite-operations ground systems on commercial cloud architecture.GovCon Wire, Jun 10, 2024
  • ·An October 2024 agreement with Firefly Aerospace covers three responsive launches on Alpha from Vandenberg’s SLC-2, the first to carry the Victus Haze Jackal in 2025, with two more available through 2027; no equity component was disclosed.True Anomaly (company release), Oct 17, 2024
  • ·Mission X-2 launched one Jackal on SpaceX’s Bandwagon-2 in December 2024, nine months after the first flight; it deployed, stabilised, charged and exchanged commands and data with Flight Command through Mosaic, and the vehicle was qualified, fuelled and mated within 48 hours of arriving at Vandenberg.True Anomaly (company release), Dec 21, 2024
  • ·A 90,000 square foot Long Beach factory, announced in February 2025, gives 70,000 square feet to design, development and production and 20,000 to offices; Centennial stays the headquarters and a production site.True Anomaly (company release), Feb 19, 2025
  • ·At the Series C in April 2025 the company counted more than 170 employees, up from four, with a plan for more than 250 by the end of 2025, and named Victus Haze and the R2C2 program among its contracts, with Mission X Flight Test 3 and first GEO and cislunar missions among the next 18 months’ work.True Anomaly (company release), Apr 30, 2025
  • ·Defense One reported in November 2025 that Reuters had named Lockheed Martin, Northrop Grumman, True Anomaly and Anduril as recipients of the Space Force’s first space-based interceptor awards, each below the $9 million disclosure threshold and about $120,000 by a July Pentagon presentation; the Space Force said the names were protected by enhanced security measures.Defense One, Nov 26, 2025
  • ·In April 2026 Space Systems Command put True Anomaly among 14 vendors on Andromeda, a ten-year, $1.8 billion vehicle for next-generation space domain awareness chosen from 32 bids, beside Anduril, Lockheed Martin, Northrop Grumman, L3Harris, BAE Systems, General Atomics, Sierra Space, Redwire, Turion Space and others; the first task order funds satellites for RG-XX, the successor to GSSAP.DefenseScoop, Apr 10, 2026
  • ·Golden Dome’s space-based interceptor awards of April 24, 2026 are 20 other transaction agreements to 12 companies totalling a potential $3.2 billion, with an initial capability due in 2028; the Space Force withheld per-company values citing operational security.Breaking Defense, Apr 24, 2026
  • ·Via Satellite counted about 300 employees in April 2026, up from 250 at the end of 2025, in 140,000 square feet of space, with the company planning 500 by the end of 2026 and 1,000 at the end of 2028.Via Satellite, Apr 28, 2026
  • ·Mission X-3 flew JACKAL-0004, the fourth spacecraft in four years, from separation on May 3, 2026: open- and closed-loop tracking of resident space objects, imaging and tracking at 100 kilometres to beyond 1,000, and about 2,000 ground contacts through Mosaic, declared complete on June 18, 2026 with the vehicle healthy on orbit.True Anomaly (company release), Jun 18, 2026
  • ·The Register reported that Jackal reached orbit on a SpaceX Falcon 9 in May 2026 rather than on the Firefly Alpha named in the 2024 agreement, and that Rocket Lab’s Electron launch for Victus Haze came 16 hours and 42 minutes after notice, more than ten hours faster than Victus Nox in 2023.The Register, Jun 23, 2026
  • ·The first Victus Haze sortie ran 61 hours from Space Systems Command’s tasking to completion against a 72-hour requirement: Jackal acquired Rocket Lab’s Puma, launched June 19 into a previously unknown orbit, and flew multiple circumnavigations capturing images from several aspects.True Anomaly (company release), Jul 1, 2026
  • ·On a second tasking of July 14, 2026, planned in under 30 minutes, Jackal executed a 23-minute burn sequence to close on Puma, and when Puma manoeuvred away, operators replanned and Jackal burned again to re-engage and image it, which the company calls the first space-to-space pursuit of an evading target on a tactically responsive mission.True Anomaly (company release), Jul 29, 2026
  • ·A July 2026 commercial solutions opening award under the Space Force’s Kronos program, its command-and-control, battle management and space intelligence modernisation, has Mosaic supply large-scale target pairing and asset orchestration; the value was not stated.True Anomaly (company release), Jul 15, 2026
  • ·In September 2026 Space Systems Command and the Defense Innovation Unit picked Northrop Grumman and True Anomaly for GHOST-R prototypes under RG-XX, True Anomaly supplying Jackal, Mosaic and a dynamic operations sensor suite, to launch direct to geosynchronous orbit by 2028 and fly government-operated missions by 2029; neither side disclosed the values, and Defense News put the Andromeda pool behind RG-XX at up to $6.2 billion.Defense News, Oct 1, 2026

Founders and leadership

  • Even RogersCo-founder and chief executive

    An Air Force space operations officer during the founding years of the Space Force, holding leadership posts in developmental and operational test, training, spacecraft operations and joint fires; a contributing author of the Space Force’s capstone doctrine, a Service Chiefs Fellow at DARPA and a graduate of the Air Force Weapons School, Virginia Military Institute and the University of Chicago.True Anomaly (company page)

  • Kyle ZakrzewskiCo-founder and chief engineer

    Leads design, development and production. Orbital Warfare Chief of Training at the Air Force’s 26th Space Aggressor Squadron and earlier an officer in the 4th Space Operations Squadron; a guidance, navigation and controls engineer at Ball Aerospace from 2017 to 2022 and a systems engineer at Lockheed Martin and Honeywell. Aerospace engineering degrees from the University of Minnesota.True Anomaly (company page)

  • Tom NicholsCo-founder (departed)

    A decade as an Air Force and Space Force space operations weapons officer and Chief of the Joint Fires Element at Joint Task Force Space Defense; a director on the company’s 2022 Form D. Now chief executive of Citra Space, which he co-founded after leaving.Industrious Ventures (investor announcement), Apr 29, 2026

  • Daniel BrunskiCo-founder (departed)

    Led RF and spacecraft resilience work across the Air Force and Los Alamos National Laboratory; a director on the company’s 2022 Form D. Co-founded Citra Space after leaving.Industrious Ventures (investor announcement), Apr 29, 2026

  • Sarah WalterChief operating officer

    Leads strategy and execution across spacecraft and software engineering, manufacturing, supply chain, programs and mission operations. Vice president of engineering at York Space Systems and chief technology officer at Aero Gearbox International; began as a mechanical engineer at Rolls-Royce North America.True Anomaly (company page)

  • Mark SeidelChief financial officer

    Oversees finance, accounting, people, talent, legal and marketing. Vice president of finance and strategy at Relativity Space, where he says he raised more than $1.1 billion of equity as the company grew from 200 to over 1,000 employees; nearly a decade at Goldman Sachs. A CFA charterholder with a finance degree from Southern Methodist University.True Anomaly (company page)

  • Steve KitaySenior vice president, space defense

    Scales the product portfolio and business strategy. Senior director of Azure Space and of strategic ventures at Microsoft; before that Deputy Assistant Secretary of Defense for Space Policy and a House Armed Services Committee staff member, with a role in establishing the Space Force.True Anomaly (company page)

Prospects, after the GHOST-R selection

Prepared by PiggyGPT, as of Oct 11, 2026

  • ·Demand is on the record as program slots more than as values. The disclosed awards are $17.4 million for Mosaic and $30 million for Victus Haze; Andromeda ($1.8 billion across 14 vendors), the R2C2 vehicle (up to $1 billion across 20) and Golden Dome ($3.2 billion across 12) are ceilings shared with competitors, and Kronos and GHOST-R carry no stated value. A place on a vehicle is not an order, and the Space Force has twice declined to give per-company figures.
  • ·No revenue figure is on file. The company’s own filings decline to disclose a revenue range, no outlet on file reports one, and the disclosed contract values are small beside the capital the four rounds raised.SEC (Form D), Dec 7, 2022
  • ·The capital path reads as private and accelerating: $17 million, $100 million, $260 million and $650 million across four rounds from 2023 to 2026, the last two carrying Stifel Bank debt, with CNBC putting the April 2026 mark at $2.2 billion and framing the round as investor interest ahead of SpaceX’s listing. Neither the company nor the named press on file records a statement about an IPO.CNBC, Apr 28, 2026
  • ·The build-out is funded by the rounds: CNBC reported a plan to grow from 140,000 to 2 million square feet of factory space over four years, and the company plans to double headcount to 500 by the end of 2026 and reach 1,000 in 2028 while flying a dozen missions in 18 months. Each GEO and cislunar Jackal is a new variant whose first flights were set for 2026.True Anomaly (company release), Apr 28, 2026
  • ·The setbacks on the record are the company’s own: the first two Jackals could not be confirmed functional after the March 2024 launch and the rendezvous demonstration was abandoned, and the company cut about a quarter of its staff the following month. Mission X-2 in December 2024 and Mission X-3 and Victus Haze in 2026 each completed their stated objectives.
  • ·Every contract on file is with the Space Force, the Space Rapid Capabilities Office or the Defense Innovation Unit, and no allied or export work is on the record. The partnerships, Rocket Lab as co-demonstrator, Firefly for launch and Agile Space for propulsion, carry no disclosed equity, and the investor list is venture funds with no prime or strategic stake.
  • ·For the acquisition read, nothing points to a sale: no strategic investor holds a stake, the company raised $650 million in April 2026 and sits beside Lockheed Martin, Northrop Grumman and Anduril as a competitor on Golden Dome, Andromeda and GHOST-R rather than as their supplier. The posture stays quiet.

A summary of what the figures on this page add up to, prepared by PiggyGPT from the record on file and its cited sources. Not the Street's view, and not advice.

Funding

Last valuation

$2.2B

Post-money, Series D, reportedCNBC, Apr 28, 2026

Last round or tender

$600Mraised

Series DTrue Anomaly (company release), Apr 28, 2026

$650 million including $50 million of debt from Stifel Bank; the equity is recorded here. Co-led by Eclipse and Riot Ventures with Paradigm, Atreides, G Squared, The Private Shares Fund and VanEck new and Accel, Menlo Ventures, ACME Capital, Space VC, Meritech Capital, Narya and 645 Ventures returning. The release states no valuation; CNBC put it at $2.2 billion. No Form D for the round is on EDGAR under the issuer’s name.

Latest revenue figure

—

Valuation to revenue

—

Post-money valuation by round

Fewer than two dated figures on file to plot; the table carries what there is.

DateRoundRaisedPost-money
Apr 28, 2026Series D$650 million including $50 million of debt from Stifel Bank; the equity is recorded here. Co-led by Eclipse and Riot Ventures with Paradigm, Atreides, G Squared, The Private Shares Fund and VanEck new and Accel, Menlo Ventures, ACME Capital, Space VC, Meritech Capital, Narya and 645 Ventures returning. The release states no valuation; CNBC put it at $2.2 billion. No Form D for the round is on EDGAR under the issuer’s name.$600M$2.20Breported
Apr 30, 2025Series CLed by Accel with Meritech Capital new and Eclipse, Riot Ventures, Menlo Ventures, 645 Ventures, ACME Capital, Space VC, Champion Hill Ventures and Narya returning. The company called it a $260 million oversubscribed round inclusive of equity and debt, with the debt from Stifel Bank, and stated no split; the figure here is the round as stated. No valuation was stated. No Form D for the round is on EDGAR under the issuer’s name.$260M—
Dec 12, 2023Series BLed by Riot Ventures with Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, Rocketship.vc, Champion Hill Ventures and FiveNine Ventures. No valuation was stated; Bloomberg reported the company had yet to reach $1 billion. No Form D for the round is on EDGAR under the issuer’s name.$100M—
Apr 6, 2023Series ALed by Eclipse with Riot Ventures, Champion Hill Ventures, Space.VC and Narya; the release put funding to date at $30 million. The Form D signed December 6, 2022 records $16 million of a $17 million equity offering sold to 13 investors from November 23, 2022. A second Form D signed December 8, 2022 records $7.6 million of securities to be acquired sold to 11 investors from April 4, 2022, the earliest financing on EDGAR; no source on file names or prices it, so it has no row. No valuation was stated.$17M—

Primary capital across the rounds on file: $977M

Revenue

No citable revenue figure on file.

Secondary venues

  • Clarity (formerly Hiive)public page seen Oct 11, 2026

    Clarity Price $34.09, as of Oct 11, 2026

    Clarity calls the figure a model-derived indicative estimate calculated daily; the page dates it no further than a "last updated" line reading August 28, 2026.

  • Nasdaq Private Marketpublic page seen Oct 11, 2026

    No price on the public page.

    The page names the company, its 2022 founding and Centennial headquarters, and gates its round and price data behind sign-up; neither the page title nor its text shows a per-share figure.

  • Caplightpublic page seen Oct 11, 2026

    No price on the public page.

    The page shows no MarketPrice and says no recent secondary market data is available; the valuation it estimates from round data is an aggregator’s figure and is not recorded.

A venue is listed when its public page named the company on the date shown. A price is the figure that page showed, under the venue’s own name for it and dated as the venue dated it; it is a level the venue publishes, not a trade. Nothing is recorded from behind a login.

Reads

Acquisition: Quiet

No cited tie to a buyer. What is on file is contracts, rounds and partnerships without one.

Prepared by PiggyGPT, as of Oct 11, 2026

Signals

  • Apr 6, 2023True Anomaly emerged from stealth with a $17 million Series A led by Eclipse, with Riot Ventures, Champion Hill Ventures, Space.VC and Narya, and $30 million raised to date.True Anomaly (release via PR Newswire), Apr 6, 2023
  • Dec 12, 2023True Anomaly announced a $100 million Series B led by Riot Ventures, with Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, Rocketship.vc, Champion Hill Ventures and FiveNine Ventures; no valuation was stated.True Anomaly (release via PR Newswire), Dec 12, 2023
  • Apr 11, 2024Space Systems Command selected True Anomaly for a $30 million Victus Haze tactically responsive space contract, matched by $30 million of the company’s own capital, with Rocket Lab as the co-demonstrator.True Anomaly (company release), Apr 11, 2024
  • Apr 30, 2025True Anomaly closed a $260 million Series C led by Accel, with Meritech Capital new and debt from Stifel Bank; no valuation was stated.True Anomaly (company release), Apr 30, 2025
  • Nov 26, 2025Defense One reported, citing Reuters, that Lockheed Martin, Northrop Grumman, True Anomaly and Anduril received the Space Force’s first space-based interceptor awards, each below the disclosure threshold; the Space Force would not name the recipients.Defense One, Nov 26, 2025
  • Apr 10, 2026Space Systems Command named True Anomaly one of 14 vendors on Andromeda, a ten-year space domain awareness contract vehicle of $1.8 billion whose first task order funds RG-XX satellites.DefenseScoop, Apr 10, 2026
  • Apr 25, 2026Fortune reported True Anomaly among the twelve companies awarded Golden Dome space-based interceptor agreements worth up to $3.2 billion combined, with a demonstration due by 2028 and no per-company values.Fortune, Apr 25, 2026
  • Apr 28, 2026True Anomaly announced a $650 million Series D co-led by Eclipse and Riot Ventures; CNBC reported a $2.2 billion valuation and $1 billion raised in total.CNBC, Apr 28, 2026
  • Jul 1, 2026True Anomaly completed the first Victus Haze mission: Rocket Lab launched the Puma target 16 hours and 42 minutes after notice, and Jackal circumnavigated and imaged it, finishing 61 hours after tasking against a 72-hour requirement.True Anomaly (company release), Jul 1, 2026
  • Sep 18, 2026The Defense Innovation Unit selected True Anomaly to deliver Jackal and Mosaic for the GHOST-R geosynchronous reconnaissance mission, the foundation of the Space Force’s RG-XX program of record; no value was stated.True Anomaly (company release), Sep 18, 2026

A summary of what the figures on this page add up to, prepared by PiggyGPT from the record on file and its cited sources. Not the Street's view, and not advice.

Sources

Researched Oct 11, 2026