Aalyria

Aalyria Raises $100M Series B at $1.3B Valuation — Google Spinout Now Space Networking Unicorn

Aalyria, the Alphabet/Google spinout founded in 2022, closed a $100M Series B on February 23, 2026, led by Battery Ventures and J2 Ventures with DYNE participating, at a $1.3 billion valuation. The company develops Spacetime (AI-driven network orchestration for dynamic satellite-ground-air meshes) and Tightbeam (ultra-high-speed laser communications terminals). A January 2026 AFRL contract puts Spacetime in the Space Data Network Experimentation (SDNX) program. Active programs include Telesat Lightspeed (providing the control plane for the $3.5B LEO constellation), NASA EO data delivery, and ESA O-RAN bridging. Battery GP Michael Brown joins the board.