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Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U) (“Planet” or the “Company”) announced it has made a strategic investment in Lux Aeterna, a space infrastructure company developing what it describes as the world’s first fully reusable satellite platform.
Lux Aeterna is positioned as a structural shift away from the disposable satellite model that has dominated the space economy for decades. Instead of single-use satellites, its reusable fleet is designed to “close the loop” in the orbital supply chain and support a persistent logistics layer between Earth and orbit.
The company’s approach is intended to enable mission profiles that depend on recovering hardware, iterating on technology, and accessing orbit on a reliable and rapid cadence. Lux Aeterna cites potential applications including orbital compute, on-orbit servicing, in-space manufacturing, hypersonic testing, and rapid payload return.
Lux Aeterna’s vertically integrated platform combines a flight-proven conical heat shield with a modular satellite bus engineered for reentry, rapid ground-based refurbishment, and relaunch. The company says this could change the economics of space by supporting a “circular space economy.”
Lux Aeterna has attracted attention from venture capital firms in the space sector, including Space Capital. The company 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.
Planet invested a total of USD 100,000 into Lux Aeterna’s equity financing.
Etienne Moshevich, CEO of Planet Ventures Inc., said: “We are incredibly excited to have invested in Lux Aeterna at such an early stage in their development. We believe reusable satellite infrastructure represents one of the most important and underappreciated opportunities within the space economy. Lux Aeterna is tackling a critical bottleneck in orbital logistics—bringing assets and materials back from space—and we believe this capability could unlock entirely new industries.”
Planet said the global space economy continues to evolve, citing declining launch costs and increasing commercial activity in orbit. However, it noted that the industry has not fully addressed what happens after deployment. Lux Aeterna is described as addressing this gap by enabling repeatable down-mass capability and laying the foundation for two-way commerce between Earth and space.
Planet Ventures Inc. is an investment issuer that actively invests in disruptive companies across high-growth industries. The company says it aims to build long-term shareholder value through strategic investments in innovative businesses.
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