DoD Office Announces Loan Agreement With LeoLabs
The Department of Defense's Office of Strategic Capital announced a loan agreement with LeoLabs to support radar-network growth.
FlyMarshall Newsroom1 min read
Photo: Air & Space Forces Magazine
The Department of Defense’s Office of Strategic Capital announced a loan agreement with LeoLabs. The reported financing would help the company expand manufacturing capacity and grow its ground-radar network.
Key details
- News coverage reports the loan amount as $150 million.
- The reported expansion plan calls for adding dozens of radars to the network by 2030.
- LeoLabs is described as a space-intelligence company.
The reported plan calls for adding dozens of radars to LeoLabs’ network by 2030.
Why it matters
Ground-based radar networks track objects in orbit. Expanding manufacturing capacity could support LeoLabs as it adds radar sites to that network.
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