AnySignal just dropped a Series A that feels less like a broadcast to anyone building in space, defense, or the increasingly loud intersection of both. A $24M raise led by Upfront Ventures is not casual capital. It is a signal that the market sees what John Malsbury, Jeffrey Osborne, and Ricardo Medina have been assembling since 2022: a vertically integrated RF powerhouse that can pull mission-critical data out of the most unforgiving environments and make it look routine. When a team stacks SpaceX DSP leadership, Kepler strategy firepower, and cloud infrastructure mastery under one roof, you stop calling it a startup and start calling it a force multiplier.
What catches my attention is how quickly AnySignal turned credibility into momentum. 4 missions already in orbit. 12+ booked for 2026 across LEO, GEO, and lunar routes. A customer backlog thick enough to push their El Segundo production line past its limit, forcing them to scale from ~100 radios a year to a target of 1,000–2,000 once they move into a larger LA facility. That kind of demand is not a marketing win. It is a physics problem, and AnySignal is solving it with the kind of discipline usually reserved for legacy aerospace giants, except faster and with far fewer meetings.
The Iris platform is where the story gets even more interesting. It blends comms, RF sensing, radar, navigation, and adaptive DSP into a single system that behaves less like a device and more like a mission partner. The AnyLink network layers on top, turning cross-network chaos into unified, intelligent connectivity. In a sector full of promises about “interoperability,” AnySignal is one of the rare teams actually delivering it. When your hardware and software can traverse satellites, ground stations, and edge systems without throwing a tantrum, customers notice.
What makes this raise feel inevitable is the way the founders’ backgrounds slot together. John Malsbury brings years of DSP and FPGA leadership across Dragon, Starship, Starlink, and national security programs. Jeffrey Osborne adds the strategic instincts of someone who has already built a space comms company from zero. Ricardo Medina ensures the cloud backbone does not buckle when missions scale. Add investors like BlueYard Capital, First In Ventures, Also Capital, Acequia Capital, Balerion Space Ventures, and Caffeinated Capital, and you get a syndicate that knows real dual-use infrastructure when they see it.
If you are building spacecraft, national security systems, climate sensing missions, or autonomous platforms that cannot afford static when the stakes spike, this company is worth more than a follow. AnySignal is not getting louder by accident. It is getting louder because the market keeps leaning in.
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