Vancouver, British Columbia--(Newsfile Corp. - April 2, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U) ("Planet" or the "Company") is pleased to announce that it has made a strategic investment of USD $250,000 in Antaris™, an emerging leader in AI-driven space mission software, following the successful first close of Antaris' USD $28 million Series A financing.
Antaris is the creator of the Antaris Intelligence™ platform, an advanced, AI-powered solution designed to simplify and accelerate the entire lifecycle of satellite missions-from design and simulation to manufacturing and operations. The Antaris' platform is gaining strong traction across both government and commercial sectors, particularly in ISR (intelligence, surveillance, and reconnaissance) and communications satellite applications.
The Series A financing was led by WestWave Capital, with participation from Lockheed Martin Ventures, existing investors, and new strategic backers. The raise follows a breakout year for Antaris, driven by increasing demand for its proprietary Full Mission Virtualization™ platform, which enables customers to design and simulate complete satellite missions before committing to hardware.
At the core of Antaris' product offerings is its TrueTwin™ simulation environment, which allows users to "fly" entire missions virtually. This capability supports advanced AI and machine learning applications, including predictive design modeling, anomaly detection, constellation orchestration, and autonomous on-orbit operations. Together, these technologies position Antaris at the forefront of the shift toward software-defined, AI-native space missions.
Antaris is also expanding globally, with recent developments including a memorandum of agreement with SARsatX to develop a 16-satellite constellation in the Kingdom of Saudi Arabia, as well as early-stage exploration of opportunities in Japan. The Company is actively working with sovereign governments and commercial partners to build regional and global satellite capabilities.
Planet believes Antaris represents a compelling opportunity to gain exposure to the rapidly evolving space technology sector, particularly at the intersection of artificial intelligence and satellite infrastructure.
"Antaris is building what we believe is a foundational platform for the future of space missions," said Etienne Moshevich, CEO of Planet Ventures. "Their ability to virtualize and automate mission design and operations using AI has the potential to significantly reduce costs, accelerate deployment timelines, and improve mission success rates. We are excited to support their growth as they scale globally."
Planet continues to focus on identifying and investing in high-growth, disruptive technology companies with strong management teams and scalable platforms.
Planet Ventures' investment in Antaris aligns with its strategic vision of supporting companies that are redefining industries through cutting-edge technology and mission-critical solutions. Antaris' momentum in both international Earth observation and U.S. defense programs underscores its broad applicability and accelerating growth trajectory.
Planet continues to evaluate additional opportunities in the space industry as well as across other innovative industries where technological disruption and structural growth trends can create long-term shareholder value.
For more information on Antaris, please visit their website: https://www.antaris.space.
About Planet Ventures Inc.
Planet Ventures Inc. is an investment issuer that actively invests in disruptive companies across high-growth industries. Planet aims to build long-term shareholder value through strategic investments in innovative businesses.
For further information, please contact:
Etienne Moshevich, CEO
Tel: (604) 681-0084
Email: info@planetventuresinc.com
Website: www.planetventuresinc.com
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Cautionary Statement Regarding "Forward‐Looking" Information
Certain statements contained in this news release constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as "anticipates," "plans," "estimates," "expects," "believes," "may," "will," "intends," "should," and similar expressions. Forward-looking information in this news release includes, without limitation, statements regarding: the Company's strategic investment in Antaris and the anticipated benefits thereof; the potential of Antaris' AI-driven platform to reduce costs, accelerate deployment timelines, and improve mission success rates; Antaris' growth trajectory and global expansion plans, including its memorandum of agreement with SARsatX and exploration of opportunities in Japan; the anticipated development of a 16-satellite constellation in the Kingdom of Saudi Arabia; Antaris' position in government and commercial sectors, including ISR and communications satellite applications; the Company's belief that Antaris represents a compelling opportunity at the intersection of artificial intelligence and satellite infrastructure; and the Company's intention to evaluate additional investment opportunities in the space industry and other sectors characterized by technological disruption and structural growth trends.
Such forward-looking information is based on a number of assumptions that management believes to be reasonable as of the date of this news release, including assumptions regarding: the continued development and commercial adoption of Antaris' platform; Antaris' ability to execute on its business plan and growth strategy; the continued availability of financing for Antaris and the Company; favorable conditions in the space technology and satellite sectors; and the ability of Antaris to maintain and grow its relationships with government and commercial partners.
Forward-looking information involves known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated. Such risks and uncertainties include, without limitation: the early-stage nature of Antaris' business and the risks associated with emerging technology companies; the Company's ability to realize a return on its investment in Antaris; uncertainty regarding the commercial viability of Antaris' platform and the pace of market adoption; risks associated with government contracting and regulatory approvals in multiple jurisdictions; geopolitical risks associated with international operations, including in the Kingdom of Saudi Arabia and Japan; competition from established and emerging players in the space technology sector; general economic conditions and capital market volatility; changes to the Company's strategic priorities; and other factors beyond the control of the Company.
The Company believes that the expectations reflected in the forward-looking information contained in this news release are reasonable, but no assurance can be given that these expectations will prove to be correct, and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities legislation.
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Source: Planet Ventures Inc.