ATLAS SPACE OPERATIONS SECURES INVESTMENT FROM MICHIGAN RISE
East Lansing, MI – ATLAS Space Operations, a Traverse City-based satellite communications company, has secured an investment from Michigan Rise Pre-Seed Fund III.
The company’s flagship platform, Freedom™, is a combination of software and hardware working together to process and analyze data from space through a global antenna network. Freedom aims to make communicating with satellites simpler, faster, and more economical than ever before.
“ATLAS has demonstrated an ability to proactively recognize opportunities to improve how ground stations interact with satellites,” said Tommy Skinner, Senior Venture Associate at Michigan Rise. “The importance of satellite technology is growing across all sectors, which makes ATLAS a stronger competitor in the market. Their software and team are outstanding.”
Since it began in 2015, ATLAS has established 50 federated network ground antennas and holds three patents in satellite communication. The investment from Michigan Rise will support operational expenses and upcoming projects for the company.
“We’re proud to be based in Michigan, and grateful for our strategic capital partners like Michigan Rise,” said Corey Geer, CFO of ATLAS Space Operations. “We’d welcome conversations with any other Michigan investors interested in the space tech industry.”
About Michigan Rise
Michigan Rise is a wholly owned venture capital subsidiary of the Michigan State University (MSU) Research Foundation, operated in partnership with the Michigan Economic Development Corporation (MEDC). Michigan Rise provides early-stage funding to innovative companies that have the potential to transform industries and create jobs in Michigan.
About Atlas Space Operations, Inc.
ATLAS Space Operations is the leading provider of ground software as a service in the space communications industry. ATLAS’ revolutionary Freedom™ software has been recognized by industry leading publications and organizations such as Via Satellite and the World Teleport Association. Additionally, ATLAS was highlighted in the CIO Review: Telecom Edition as Company of the Year (2023) as well as one of the 10 Most Promising Technologies. Lastly, Aerospace & Defense Review acknowledged ATLAS as one of the Top Satellite Solutions Providers. ATLAS combines the Freedom™ Software Platform and its global antenna network to achieve its mission of securing space access anytime, anywhere. To learn more, visit atlasspace.com.