- Lunar Outpost, a Colorado company, has closed a $30 million Series B funding round led by Industrious Ventures, with support from Type One, Eniac, Promus, and Reliable Equity.
- Lunar Outpost has doubled its revenue each year for the past four years and has eight fully contracted lunar missions scheduled before 2030.
- This funding arrives as NASA accelerates its Artemis Moon Base plans, opening a key commercial opportunity.
Based in Golden, Colorado, Lunar Outpost raised $30 million in an oversubscribed Series B round to expand its robotic systems, which the company believes will help support a lasting human presence on the Moon.
Industrious Ventures led the round, joined by Type One Ventures, Eniac Ventures, Promus Ventures, Reliable Equity, and others.
Lunar Outpost, founded in 2017 by Justin Cyrus, builds autonomous rovers and mobility platforms designed for the Moon’s harsh environment, where temperatures swing from 120°C in the day to -180°C at night, and dust can damage equipment.
Its systems have already proven themselves by operating the first commercial rover on the Moon. Lunar Outpost has eight fully contracted lunar and cislunar missions, more than any other commercial company in the field.
With NASA Administrator Jared Isaacman, the agency is moving its Artemis program forward more quickly. The Trump administration has set a goal to build a permanent Moon base by 2030. This goal is leading to major commercial contracts and increased competition among companies capable of delivering hardware to the Moon.
“NASA has set the direction. They need commercial partners that will execute. What we’ve built from day one is the mobility and robotic foundation for the new economy in space, where access to energy and resources in space will shape the next generation of global industry. This fundraiser rapidly scales our deployment of the rugged, industrial robotic workforce required to establish humanity’s next frontier,” says Cyrus.
Its direct competitors, Intuitive Machines, which made the first commercial lunar landing in 2024, Astrobotic, which has NASA CLPS contracts for lunar payload delivery, and ispace, which is developing lunar landers and rovers, are expanding quickly. Lunar Outpost stands out for its expertise in surface mobility and its eight contracted missions before 2030, offering a launch schedule that competitors have not matched.
“Lunar Outpost is moving beyond early missions to scaled, repeatable deployment. They’ve proven they can build for one of the most challenging environments imaginable, with significant demand across government programs and commercial customers. They are building the systems that will be relied on again and again as we return to the Moon, set our sights on Mars, and build a robust space economy,” says Taylor Sargent, partner at Industrious Ventures.
The new funding will help Lunar Outpost in three main areas: growing its sensor design and engineering team in Antwerp, developing next-generation autonomous swarm technology with its Starweave software, and improving its Stargate command, control, and communications systems.
