Starfish Space, a Tukwila, Washington-based startup, has successfully raised nearly $21 million in a recent funding round to support its Otter spacecraft, which is designed for various missions including satellite inspections and extending satellite lifespans.

The details of this funding were revealed in a recent filing with the Securities and Exchange Commission, although the specific investors involved have not been disclosed.

This latest investment follows previous funding rounds where Starfish raised $7 million in 2021 and an additional $14 million in 2023.

Founded in 2019 by Trevor Bennett and Austin Link, both former employees of Jeff Bezos' Blue Origin, Starfish Space is rapidly expanding its capabilities in the satellite servicing sector.

The company has secured a significant $37.5 million contract with the U.S. Space Force for a mission that involves the docking and maneuvering of national security assets in geostationary orbit.

Additionally, Starfish has signed a contract with Intelsat to provide life extension services for a geostationary satellite, with operations set to commence in 2026.

In a further testament to its growing portfolio, NASA has awarded Starfish a $15 million contract to inspect multiple defunct U.S. satellites in orbit, with the mission scheduled to begin in 2027.

Since its last funding round, Starfish has successfully launched and tested a prototype of its Otter satellite servicing spacecraft, named Otter Pup, in low Earth orbit.