US Defense Department commits up to $150 million loan to LeoLabs
The conditional commitment would support deployment of Scout mobile radars and decision-science software. LeoLabs aims to complete 2 US radar manufacturing facilities by 2028.
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The US Defense Department announced on 4 November 2026, a conditional loan commitment of up to $150 million to LeoLabs, a space-monitoring company. Its Office of Strategic Capital said the financing would accelerate radar infrastructure and decision-science software deployment, particularly the company’s Scout mobile radar.
The commitment follows an August 2026 US Space Force award of a $20 million prototype contract to LeoLabs for a modified Scout radar to support defense missions.
LeoLabs must meet financial, legal and technical requirements and secure dollar-for-dollar matching private investment before obtaining the loan. Breaking Defense said the office’s space-company loans are conditional on financial due diligence.
Mobile radar and manufacturing plans
LeoLabs operates a radar network that detects and tracks launches and objects in space. Its Seeker and Ranger radars operate from fixed sites; Scout is designed to be transported or repositioned quickly.
LeoLabs says the financing will support expanded US radar manufacturing capacity, including the completion of two large-scale manufacturing facilities by 2028.
LeoLabs says its planned manufacturing expansion would let it add dozens of radar systems to its global network by 2030 and increase its ability to supply radars to US and allied government customers.
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