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Antares Raises $470M Series C

TL;DR AI

Key summary

2 min read
  1. Antares raised $470 million in Series C funding led by Paradigm and Caffeinated Capital.

  2. The round also included Point72 Ventures, Shine Capital, and Industrious Ventures.

  3. The capital will help Antares move from a demonstrated reactor to fielded power systems for defense and space use.

  4. The company is targeting its first U.S. military installations by 2028.

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