About Satlyt
Satlyt makes software that runs on satellites. It lets spacecraft process data and use artificial intelligence while in orbit.
Space engineer Rama Afullo founded Satlyt in July 2024 and serves as CEO. Satlyt uses 605 Tasman Drive in Sunnyvale, California, as its business address.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 25, 2026 | Oct 19, 2026 | $7,794,707of $9.0M target | 39 | $199K | EquityRule 506(b) | Form D ↗ |
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Rounds announced by Satlyt
What the company said publicly about its funding. Announced amounts can differ from Form D figures: an announcement can combine several closings, and some money is raised without a Form D.
| Announced | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Oct 3, 2026 | Seed | $8 million | Satlyt announcement ↗ |
Why Investors Backed Satlyt
Satlyt sells software that puts computing functions aboard satellites. Its plan is to connect spacecraft into virtual AI data centers in space. Rama Afullo previously held roles at SpaceX, Google and Tesla.
What the product does
Beyond work on one spacecraft, Satlyt links satellites so they can coordinate as a network. Satlyt calls the planned architecture virtual AI data centers in space. The software layer supports onboard applications and AI orchestration across connected spacecraft.
Progress so far
Satlyt formed a partnership with Star Catcher to integrate edge computing with orbital energy. Rogue Space Systems also signed Satlyt for its OTP-2 and OTP-2B missions. Satlyt plans to demonstrate AI orchestration on Rogue's space-computing platforms.
We wrote this summary from public statements by Satlyt and its investors. It is not investment advice.
Satlyt in the News
Leadership Team
Executive officers and directors listed on Satlyt's Form D filed Oct 19, 2026.
