BusinessStartups

Investors Publicly Urge Terran Orbital to Step it Up

A group of investors in Terran Orbital ($LLAP) sent a letter to the company’s board on Thursday laying out a pathway to success after “underlying strategic and operational issues” have “significantly harmed the business,” the letter says. 

Q&AStartupsTechnology

A Q+A with Sita Sonty, Space Tango CEO

Sita Sonty has only been CEO of Space Tango for a couple weeks, but she already has big plans for the company, including opening a new fundraising round and growing the startup’s global client base.  “Details are in the works. It is a private, friends and family round,” she told Payload. “A big part of […]

BusinessStartups

Astra Space Announces Reverse Stock Split

Astra Space announced a reverse stock split on Wednesday in a last ditch effort to prevent a delisting on the stock exchange. The company’s board of directors approved the stock split of Astra’s Class A and Class B common stock, both valued at $0.0001, at a ratio of one for 15, effective immediately.  Coming back […]

StartupsVC/PE

Exclusive: Prewitt Ridge Raises $4.1M Seed Round

Prewitt Ridge has closed a $4.1M seed round, which will allow the startup to expand its go-to-market team and build new integrations for its Verve requirements management software, CEO Steven Massey told Payload.  The details: Squadra Ventures led the round, which also included participation from Stage Venture Partners, Aurelia Foundry, Wonder Ventures, Haystack, Acquia, techStars, […]