Samara Aerospace secured an investment from Southwest Florida angel investors to design and build satellites.

NAPLES, Fla., (March 23, 2026) — Angel investors from Southwest Florida recently invested in Samara Aerospace, a satellite company whose technology improves stability, performance and weight compared with current satellites in space.

Members of Tamiami Angel Fund V recently invested $1.227 million in Samara Aerospace, the fund’s 12th portfolio company. “Samara’s satellite bus technology breaks new ground for improving space-based internet communications and terrestrial imaging, giving it an edge over legacy satellites,” says Timothy Cartwright, partner of Fifth Avenue Family Office and chairman of Tamiami Angel Funds in Naples. “Samara’s patented hinges allow satellites to be folded and loaded into the cargo bay of space vehicles to increase cargo space up to 2.5 times.”

A key component to Samara’s Hummingbird satellite are special hinges that connect the solar panels powering the vehicle. These hinges are one thousand times more stable than the traditional wheels that position satellites in space, reducing the vibrations that create blurry images and degrade communications performance. What’s more, the Samara satellites weigh less and take less room, saving launch payload expenses.

“It’s a fundamentally different way to develop satellites,” says Patrick Haddox, the CEO of Samara Aerospace. The company is currently testing its technology on the Impulse Space craft now in orbit and its first Hummingbird satellite is scheduled to be launched by SpaceX next year from Vandenberg Space Force Base in California with another planned in 2028.

An engineering graduate from the University of Illinois, investors associated with the university introduced Haddox to Tamiami Angel Funds. Haddox says the

funds raised from Tamiami Angels and others will be used to hire additional engineers and build new satellites in a recently expanded facility in San Francisco where the company is headquartered.

Cartwright commented, “This investment signifies an intentional diversification of Fund’s portfolio construction strategy to include probable unicorn startups from hot industry sectors projecting exponential growth in the next three to five years.”

Naples-based Tamiami Angel Funds are member-managed funds that allow high-net-worth individuals and families to invest in promising early stage and expansion-stage companies located in the U.S., with a preference to those in the state of Florida. For more information about Tamiami Angel Funds, visit www.tamiamiangels.com. For more information about Samara Aerospace, visit www.samaraaerospace.com.

About Tamiami Angel Funds

Tamiami Angel Fund I, Tamiami Angel Fund II, Tamiami Angel Fund III, Tamiami Angel Fund IV, and Tamiami Angel Fund V are member-managed funds that allow high-net-worth individuals and families to invest in promising early stage and expansion-stage companies located in the U.S., with a preference to those in the state of Florida. Fifth Avenue Family Office, the administrator of the angel funds, caters their multi-family office services to high-net-worth entrepreneurs and their families. The funds are members of the Angel Capital Association and the Florida Venture Forum. For more information, visit www.tamiamiangels.com.

Media contact: Jean Gruss, Gruss Communications, 239-297-7507, jean@grusspr.com