Northwood Space has raised $375 million in investment to develop its satellite infrastructure.

The American company Northwood Space closed a Series C funding round at $375 million. It was led by Andreessen Horowitz and DFJ Growth, and the funds will go toward expanding its global network that connects satellites to Earth.

Northwood is based in Torrance, California, and designs and manufactures its own modular antennas. The Portal flat antennas with electronic beam steering are needed for satellite control, while the Prism parabolic antennas are used for transmitting large volumes of data.

Satellite operators book communication sessions on the shared Northwood network via API and do not spend millions on their own ground stations. A new site is launched in three months, and the antenna begins operating three to four hours after delivery. Recently, the company combined 10 Portal antennas, and together they received a signal as effectively as a six-meter dish.

The round also included Washington Harbour Partners, which led the previous round, Alpine Space Ventures, Stepstone, and In-Q-Tel. Separately, Northwood secured a multi-year credit line from HSBC Innovation Banking.

The funds will be directed toward fulfilling current contracts, hiring, and building new sites. The company currently employs more than 140 people and plans to create another 400 jobs in Torrance and Washington over the next three years. By the end of 2027, Northwood expects to launch sites with a capacity of more than 100 gigabits per second.

General Partner at Andreessen Horowitz Catherine Boyle noted that the fund has supported Northwood in every round since the seed stage.

In less than nine months after the Series B, the company launched six sites on two continents and conducted a communication demonstration with a satellite in geostationary orbit for the U.S. Space Force. In September 2026, Northwood opened a new headquarters and factory in Torrance covering more than 17,000 square meters, where it will be able to produce hundreds of antennas per year. Production capacity has increased more than fivefold.

Demand for such infrastructure is growing alongside the number of satellites. According to the company's estimate, the number of active satellites in orbit grew from approximately 3,000 to more than 14,000 between 2020 and the end of 2025. Northwood promises to announce new sites and network expansion in the first half of 2027.

Source: Northwood Space