European Space Capsule Biz Wins $160M Round
The Exploration Company has $800M in contract backlog from private space station companies.
Stories about how space companies are raising money to take on next-gen missions.
The Exploration Company has $800M in contract backlog from private space station companies.
The sale will allow the Spire to pay off more than $118M in debt and leave it with another $100M on its balance sheet.
The news comes as competing small satellite launchers Astra and Relativity are also seeking new funding for their launch vehicle development programs.
“As the NASA administrator, I had a lot of challenges with traditional Hall thrusters,” Bridenstine told Payload. “When I came across this company that’s doing electric propulsion, they can provide as much thrust and as much efficiency as a traditional hull thruster, but do it with a variety of different fuels, I got excited about it.”
“Hyperspectral is such a buzz word.”
“We wanted to get to market faster than everyone, and we have.”
Both companies are owned by the same private equity firm, Antarctica Capital, which has been influential in finding synergies between the two businesses.
A lunar satellite constellation that harnesses solar power and uses lasers to beam it down to landers and rovers.
A provider of “in-space transportation with in-space propellant.”
D-Orbit is developing a suite of space logistics capabilities while offering services as a satellite integrator and deployer.
This year’s cohort is Techstars most international group yet, with five of the startups headquartered outside the US.