PANews reported on May 13 that SpaceComputer announced the completion of a Pre-Seed round of financing led by Primitive Ventures, with participation from Nascent, Tangent, Symbolic Capital, Public Works, Merkle Ventures and Star-Shield, and angel investors including Loi Luu, Sandeep Nailwal and Meltem Demirors. SpaceComputer is using satellites to build an encryption system that is resistant to physical damage and cyber attacks, and has launched its first product, ctRNG, which uses space entropy to generate true random numbers.