Overview
- Lunar Outpost closed an oversubscribed $30 million Series B led by Industrious Ventures with Type One Ventures, Eniac Ventures, Promus Ventures, Reliable Equity and others participating.
- The company is pivoting to a new rover called Pegasus in response to NASA’s revised plan for quick‑to‑field vehicles, and it has submitted a proposal with a decision expected later in May.
- Executives say the funding will speed manufacturing, secure long‑lead parts, and reduce schedule risk for Artemis missions and related U.S. defense programs.
- Pegasus reuses most of the company’s Eagle rover hardware, including sensors and avionics, and a human‑in‑the‑loop mockup was tested by former NASA astronaut John Grunsfeld.
- CEO Justin Cyrus said the round came together in under five weeks, reflecting rising investor interest as real lunar missions progress.