Skip to content
Engineering, Finance Investment

Space Tech Startup Metakosmos Closes Pre-Seed Round to Propel Next Milestone Development

Metakosmos 2 mins read

[Sydney, New South Wales] — [20/08/2024] — Metakosmos, a pioneering space technology startup, announces the successful raise of a $2 Million Pre-Seed funding round, from a visionary Saudi Arabian technology group. This new round of funding will enable Metakosmos to accelerate the delivery of milestones that will revolutionise human space flight.

This strategic investment aims to accelerate the innovation pipeline, advance spacesuit technology and launch spin-off applications in multiple industries for new markets.

Kiriti Rambhatla, CEO of Metakosmos said "We are thrilled to have the support of such esteemed investors who share our vision for the company, by enabling new markets for human space flight services".

Renuka Rambhatla, the Co-founder said, "This funding will enable us to deliver on critical milestones such as scaling the proprietary Kosmosuit platform (hardware, software and services) which is currently under development."

Mr Aziz AlOthman, CEO, Alzadhar Al-Sanai, said “We are excited to support Metakosmos’s journey through this investment and help them expand their capabilities in global markets such as Australia, USA, India & emerging space economies like Saudi Arabia. Their visionary approach and cutting-edge solutions have the potential to make a significant impact on the future of human spaceflight across the globe”


Key Facts:

Metakosmos raises 2 million in Pre-Seed.

Scaling Kosmosuit Platform for Human Spaceflight Services. 

Metakosmos expands to global markets.

 


About us:

Metakosmos is dedicated to pushing the boundaries of space technology. Based in Sydney Australia, the company focuses on developing innovative solutions and extreme environment suits, that address the most pressing challenges in human spaceflight. With a team of experienced engineers, medical doctors and scientists, Metakosmos aims to transform the accessibility of the human spaceflight lifecycle. Metakosmos won several Australian Government Grants and global Awards for its engineering and innovation approach. Stay connected to our Spacesuit development journey at www.metakosmos.com.au and follow us on our social media channels (Twitter, Facebook, LinkedIn, YouTube).

About Alzadhar Al-Sanai: A leader in extreme environment monitoring platforms & applications. Alzadhar Al-Sanai offers a comprehensive suite of services aimed at automating various systems, including PLC, CNC, Robotics, Drives, SCADA, HMI, DCS, Batch, Safety, MES, MII, ERP Data Integration, and more. The platform-independent engineering services cater to a diverse range of platforms such as Siemens, Rockwell Automation, Schneider Electric, Mitsubishi, Wonderware, GE, Honeywell, Emerson, AutoCAD, EPlan, PI AVEVA, Microsoft, and SAP MII, ensuring seamless integration and optimised performance.

Alzadhar Al-Sanai has demonstrated a track record of innovation in developing real-time monitoring solutions for environmental factors and reducing greenhouse gases. These solutions have proven beneficial to governments and industries. Furthermore, Alzadhar Al-Sanai’s innovative solution has been certified by the GHG Management Institute, USA. For more information, visit www.industrialprosperity.com


Contact details:

Metakosmos
[email protected]
www.metakosmos.com.au

More from this category

  • Finance Investment
  • 13/12/2025
  • 02:11
Bitget Limited

Bitget Connects 7,300+ Students Across Six Schools in Philippines Through Blockchain4Youth Starlink Program

VICTORIA, Seychelles, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has expanded its Blockchain4Youth (B4Y) initiative with a major Starlink deployment that brings high-speed satellite internet to six schools across Surigao del Norte, Siquijor, and Negros Oriental. Bitget has delivered reliable connectivity to more than 7,300 students and over 100 teachers, marking one of the most meaningful digital inclusion efforts in remote island communities in the Philippines.The program now supports Espoir School of Life and Lasala Integrated School in Surigao del Norte; Apo Elementary School and the Arts & Design Collective Dumaguete in Negros Oriental;…

  • Finance Investment
  • 12/12/2025
  • 22:10
Axi Trader LLC

Axi Wins Two Finance Magnates 2025 Awards

Broker honoured as ‘Most Innovative Broker’ and ‘Best Execution Broker’SYDNEY, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Axi, a leading provider of online CFD and FX trading services, announced that it has been recognised with two prestigious accolades* at the Finance Magnates Awards 2025 held in Limassol, Cyprus. The brand received the ‘Most Innovative Broker’ award for the Axi brand, and the ‘Best Execution Broker’ for Axi’s institutional liquidity provider AxiPrime.Hannah Hill, Head of Brand and Sponsorship at Axi, shared her excitement for the brand’s dual recognition: “These awards are a reflection of our continuous pursuit of excellence. Providing our clients…

  • Finance Investment
  • 12/12/2025
  • 20:40
Axi Trader LLC

Axi: Crypto as a Strategic Portfolio Component for Traders & Investors in 2026

SYDNEY, Dec. 12, 2025 (GLOBE NEWSWIRE) -- As global financial markets evolve, Axi is making the case that cryptocurrencies — accessed through its platform and expanding lineup of crypto perpetual futures (“perps”) — deserve a meaningful place in diversified portfolio planning for 2026. Crypto trading has increasingly shifted toward derivatives, with perpetual futures now forming the core of digital asset activity worldwide. Recent data indicates that perpetual futures account for roughly 68% of all Bitcoin trading volume and about 76% of total global crypto derivatives volume in 2025, highlighting their continued growth and influence.In parallel with this shift, Axi has…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.