Skip to main content
Home
Home

Perkins Coie Advises Tikehau Capital in Loft Orbital’s Series C Funding Round

2
min
Press Release

Perkins Coie Advises Tikehau Capital in Loft Orbital’s Series C Funding Round

Aerospace Telescope

AUSTIN (February 25, 2025)—Perkins Coie is pleased to have advised Tikehau Capital, a global alternative asset manager, in Loft Orbital’s $170 million Series C financing at a $2.5 billion valuation. For more information, please read the SpaceNews article here and Loft Orbital’s press release here

The Series C financing was co-led by Tikehau Capital and Axial Partners. Loft Orbital, a space-as-a-service company providing turnkey satellite solutions, plans to leverage the funding to scale its manufacturing facilities and integrate artificial intelligence to automate satellite operations and optimize data processing. These advancements aim to enable customers to efficiently deploy space-based applications, furthering innovation in the new space economy.   

Tikehau Capital directs global savings into innovative financing solutions and provides support through credit, real assets, private equity, and capital markets strategies. Aiming to generate long-term value through a disciplined investment approach, Tikehau Capital provides investment solutions to institutional and private investors. 

The Perkins Coie team advising on the transaction included lawyers across multiple practice areas: 

  • Emerging Company & Venture Capital team specializing in cross-border transactions and growth-stage investments was led by partner Valeska Pederson Hintz and included associate Kaina Pengilly

  • Technology Transactions team specializing in commercial space contracts included associate Brandon Thompson;  

  • Government Contracts team was led by senior counsel Greg Vogel

  • Insurance team specializing in space and launch insurance was led by partner Jonathan Hardin;  

  • Tax team was led by partner Bryan Smith and included counsel Eric Ashcroft; and  

  • Private Capital & Fund Formation team was led by partner Jacquie Duval

Perkins Coie is a leading global law firm, dedicated to helping the world’s most innovative companies solve the legal and business challenges of tomorrow. Learn about our work and values here.

Media Inquiries: Please email Justin Cole, Head of Media Relations.

Print and share

Contact

Profile Picture
Partner
VPedersonHintz@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Profile Picture
Associate
KPengilly@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Profile Picture
Associate
BThompson@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Profile Picture
Senior Counsel
GVogel@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Profile Picture
Partner
JHardin@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Profile Picture
Partner
BSmith@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Profile Picture
Counsel
EAshcroft@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Profile Picture
Partner
JDuval@perkinscoie.com

Notice

Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.

Explore more in

Media inquiries

Home
Jump back to top