Construction Technology

TerraFirma, a construction startup founded by ex-SpaceX engineers, secured $115 million in funding to develop semi-autonomous construction equipment. Utilizing familiar interfaces like Xbox controllers, the company aims to reduce costs and improve safety in construction, with a long-term goal of building infrastructure on Mars. This capital will fund expansion, hiring, and new facilities, positioning TerraFirma within the growing space economy ecosystem.

EquipmentShare has set its IPO price at $24.50 per share, valuing the connected jobsite technology and rental provider at approximately $747.25 million. The company will issue 30,500,000 shares, with an option for underwriters to purchase an additional 4,575,000 shares. Trading is set to begin on Nasdaq under the ticker “EQPT” on January 23, 2026. This offering highlights investor confidence in the growing construction technology sector and EquipmentShare’s integrated T3® platform.