Washington Harbour deepens space portfolio with investment in Trusted Space

WASHINGTON — Washington Harbour Partners announced Dec. 4 it has made a strategic investment in Trusted Space, a Leesburg, Virginia-based government contractor focused on mission engineering and analysis tools for satellite operations.

The firm said its investment will help accelerate Trusted Space’s research and development efforts, particularly in areas with military demand such as command-and-control software for satellite constellations. “Space is rapidly emerging as the single most critical warfighting domain, and deploying advanced solutions, like the ones Trusted Space develops, is fundamental to national security and geopolitical stability,” Washington Harbour said in a statement.

Washington Harbour, headquartered in Washington, D.C., focuses on technology companies serving government and national-security markets. Its move into space technology aligns with the Pentagon’s interest in autonomous satellite operations and space domain awareness — areas that require increasingly sophisticated mission tools.

This investment follows Washington Harbour’s earlier moves into space technology. In April, the firm announced a strategic investment in Turion Space, a California startup developing spacecraft and mission software for space situational awareness, debris removal and in-orbit services. Washington Harbour also led an $18 million Series A round for Quindar, a Colorado company building cloud-based ground systems for satellite operators.

Founded in 2019, Trusted Space is part of a new cohort of mission-software engineering firms applying artificial intelligence and machine learning to applications ranging from battle management to space domain awareness, space exploration and mission data processing. 

Bob MacMillan, co-founder and president of Trusted Space, said “Washington Harbour’s deep knowledge of our industry, shared vision, and expansive strategic relationships all give our team great confidence and excitement.” The company will continue to be led by its founders, who remain significant shareholders.

Mina Faltas, Washington Harbour’s founder and chief investment officer, said the firm is “committed to supporting innovative companies across the national security ecosystem. Space is rapidly emerging as the most critical warfighting domain, and we are looking for companies that will define the future of orbital security and help deliver the next generation of capabilities to the United States and our allies.”