Northwire Canada EditionTuesday, July 14, 2026
Northwire
WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
M&A / Property

Planet Ventures invests in General Astronautics

PXI · Price

Executive Summary

  • Planet Ventures Inc. has made a strategic investment of $100,000 (U.S.) in General Astronautics, a space robotics company selected for the winter 2026 batch of Y Combinator.
  • The investment values General Astronautics at a $40-million (U.S.) post-money valuation.
  • General Astronautics is developing autonomous robotic systems for microgravity environments to automate scientific research and manufacturing in space, aiming to reduce reliance on costly human crew time.

Key Details

  • Investor: Planet Ventures Inc.
  • Investee: General Astronautics
  • Investment Amount: $100,000 (U.S.)
  • Valuation: $40,000,000 (U.S.) post-money
  • Company Mission: Transforming scientific research and manufacturing beyond Earth's atmosphere using autonomous robotics to operate in microgravity without human crew support.
  • Target Applications: Automating laboratory workflows including pipetting, sample preparation, plate handling, and reagent mixing.
  • Target Industries: Biotechnology, pharmaceuticals, advanced materials, and semiconductor manufacturing.
  • Cost Context: NASA estimates astronaut labor at approximately $130,000 (U.S.) per hour on the ISS; commercial stations price crew time even higher.
  • Founding & Background: Founded in 2025 by robotics and aerospace engineers from institutions including Caltech.
  • Programs: Selected for the winter 2026 batch of Y Combinator; part of Nvidia's Inception Program.
  • Strategic Rationale: To support visionary founders building technologies that redefine the frontier of research and manufacturing, accelerating discoveries for Earth and the solar system.

Notable Quotes

  • "We believe General Astronautics is at the forefront of the next great leap in space technology," said Etienne Moshevich, chief executive officer of Planet Ventures. "Our investment is a commitment to supporting visionary founders who are building technologies that redefine the frontier of research and manufacturing. Automating science in space has the potential to accelerate discoveries that benefit life here on Earth and across the solar system."
Read the original news release →

More from Planet Ventures Inc