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Planet Ventures Invests in Lux Aeterna, Advancing Its Strategy to Capture the Next Wave of Space Innovation
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U) ("Planet" or the "Company") is pleased to announce that it has made a strategic investment into Lux Aeterna, a space infrastructure company building the world's first fully reusable satellite platform.Lux Aeterna is leading a structural shift in the global space economy, which has spent decades optimizing around a disposable satellite model. Unlike traditional single-use...
About this update from Planet Ventures Inc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 11, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U) ("Planet" or the "Company") is pleased to announce that it has made a strategic investment into Lux Aeterna, a space infrastructure company building the world's first fully reusable satellite platform.","length":349,"tagName":"p"},{"type":"text","content":"Lux Aeterna is leading a structural shift in the global space economy, which has spent decades optimizing around a disposable satellite model. Unlike traditional single-use satellites, Lux Aeterna's reusable fleet is designed to close the loop on the orbital supply chain and create a persistent logistics layer between Earth and orbit.","length":340,"tagName":"p"},{"type":"text","content":"A fundamentally new approach to orbital operations, Lux Aeterna's technology will unlock entirely new mission profiles and capabilities that require recovering hardware, iterating on technology, and accessing orbit on a reliable, rapid cadence. These applications include critical emerging categories such as orbital compute, on-orbit servicing, in-space manufacturing, hypersonic testing, and rapid payload return.","length":419,"tagName":"p"},{"type":"text","content":"Lux Aeterna's vertically integrated platform pairs a flight-proven conical heat shield with a modular satellite bus, engineered for reentry, rapid ground-based refurbishment, and relaunch. This innovation has the potential to fundamentally change the economics of space, creating a circular space economy.","length":309,"tagName":"p"},{"type":"text","content":"Lux Aeterna has already attracted significant attention from leading venture capital firms in the space sector, including Space Capital, and recently completed a USD $10 million seed financing round Led by Konvoy to accelerate development of its flagship spacecraft, with a demonstration mission targeted for 2027.","length":314,"tagName":"p"},{"type":"text","content":""We are incredibly excited to have invested in Lux Aeterna at such an early stage in their development," said Etienne Moshevich CEO of Planet Ventures Inc. "We believe reusable satellite infrastructure represents one of the most important and underappreciated opportunities within the space economy. Lux Aeterna is tackling a critical bottlenec...