# Observable Space

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/observable-space

- Industry: Aerospace
- Headquarters: Los Angeles, US
- Website: www.observable.space
- Total disclosed funding: $90M
- Latest round: Series A (May 28, 2026)
- Investors on record: 9

## About

Based in the U.S., Observable Space operates as a B2B space technology developer. The company provides optical systems, laser communication solutions, and real-time space observation platforms for aerospace, defense, and research applications.

Based in California, U.S., and founded in 2025, Observable Space provides optical sensing, laser communication, and space observation technologies for aerospace and defense applications.  The company was formed through the merger of telescope manufacturer PlaneWave Instruments and software platform OurSky, combining hardware and software capabilities.  The company develops vertically integrated space infrastructure and has expanded through venture funding, including a USD 90 million Series A round in May 2026.  As of June 2026, the company is led by its CEO, Dan Roelker, who co-founded the company alongside Rick Hedrick and Connor Poole.

The company works with government agencies, defense organizations, and space enterprises to provide integrated optical and space observation solutions. Observable Space develops ground-based optical sensing systems, laser communication ground stations, and in-space optical payloads designed for tracking, communication, and data transmission.  Its offerings include software-defined telescopes under the PlaneWave brand and a developer platform, OurSky, enabling real-time space data applications.  The company’s engineers and researchers design full-stack systems combining hardware manufacturing, lasers, and software to deliver scalable, high-performance space observation capabilities to commercial and government customers.

The company’s revenue is generated by providing integrated space technology solutions to government agencies, defense organizations, and commercial aerospace clients. Observable Space engages in B2B transactions through contracts, system sales, and long-term partnerships, including supplying optical sensing systems, telescopes, and laser communication infrastructure.  It also generates revenue from software platforms enabling real-time space data applications and from customized solutions tailored to institutional requirements for space domain awareness and communication capabilities.

The company will use the May 2026 funding to accelerate laser communications partnerships, scale its in-space systems, and expand its international operations.

## Funding rounds

- Series A, May 28, 2026, $90M — Upfront, Lux Capital, Detroit Venture Partners, Venrex, BRV Capital Management, Oceans Ventures, RTX Ventures, Fathom Fund, Island Green Capital Management

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Series A
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Series A
- Detroit Venture Partners (https://capitalatlas.ai/funds/detroit-venture-partners) — Series A
- Venrex (https://capitalatlas.ai/funds/venrex) — Series A
- BRV Capital Management (https://capitalatlas.ai/funds/brv-capital-management) — Series A
- Oceans Ventures (https://capitalatlas.ai/funds/oceans-ventures) — Series A
- RTX Ventures (https://capitalatlas.ai/funds/rtx-ventures) — Series A
- Fathom Fund (https://capitalatlas.ai/funds/fathom-fund) — Series A
- Island Green Capital Management (https://capitalatlas.ai/funds/island-green-capital-management) — Series A