K2 Space, based in Torrance, USA, has successfully raised $7 million in funding, with backing from Alpine Space Ventures. This funding round brings the company's total investment to $16 million. Led by CEO Karan Kunjur and CTO Neel Kunjur, K2 Space is at the forefront of developing next-generation satellite buses designed to deploy highly capable satellites at significantly reduced costs. Their mission is to revolutionize satellite technology, making it more affordable and accessible. The recent funding will be instrumental in expanding their operations and advancing their development efforts. K2 Space has also secured three contracts from the U.S. Department of Defense on behalf of various end users, marking a significant milestone for the company.