This summary is generated by an algorithm. If you find any mistakes, let us know.

Aerospace Fuel Logistics North America Space Travel

Aerospace primes Northrop, Lockheed join in Orbit Fab’s over $10M funding round

– San Francisco-based startup Orbit Fab raised $10m in funding.
– The round was led by Asymmetry Ventures, with participation from SpaceFund and new investors Marubeni Ventures and Audacious Venture Partners.
– Notably, both Northrop Grumman Corporation and Lockheed Martin Ventures also participated
– The company plans to launch a refueling trial that’s due to launch as early as the end of 2022.

Source
Aerospace Data Visualization Energy North America Oil and Gas Space Travel

Kairos Aerospace Secures $26 Million in Series C-1 Funding

– Kairos Aerospace closed its $26m Series C-1 funding round, led by DCVC.
– Using cutting-edge methane detection algorithms and proprietary sensor hardware, Kairos’ industry leading capabilities to conduct basin-wide aerial surveys identify material methane leaks of all sizes, which it pinpoints on the map with its patented fusion of infrared data, GPS and aerial photography.
– Kairos then provides discreet and actionable insights to its clients in the oil and gas industry so they can quickly fix the leaks.

Source
3D Printing Aerospace Air Transportation North America Space Travel

Agile Space Industries Raises $1.8M In Funding

– Agile Space Industries won the Greater Colorado Pitch Series Investment Competition.
– The company received a venture debt $1.8m commitment from Greenline Ventures.
– Agile Space Industries provides mission-optimized propulsion solutions on fast space timelines by coupling rapid prototyping with diagnostic testing and analysis.

Source
Aerospace Australia and Oceania Industrial Engineering Space Travel

Rocket startup Gilmour Space raises $46M Series C to take its small launch vehicle to orbit

– Gilmour Space Technologies, an Australian rocket launch startup, raised $61m funding.
– The round was led by Fine Structure Ventures and included contributions from Blackbird and Main Sequence, and Australian pension funds HESTA, Hostplus and NGS Super.
– The company plans to use the funds to nearly double its workforce, from 70 to 120 employees, and develop a new commercial spaceport at Abbot Point, Queensland.
– Gilmour Space has already signed agreements with prospective customers for future Eris launches.

Source
Aerospace Innovation Management North America Space Travel

Phase Four Raises $26m Series B led by New Science Ventures

– Phase Four announced a $26m Series B investment round.
– The round was led by New Science Ventures LLC.
– The new capital follows a year of significant growth for Phase Four.
– NSV is a leading venture capital firm focused on building companies that leverage breakthrough science to create extraordinary value.

Source
Aerospace Satellite Communication Space Travel Western Europe

Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round

– Alba Orbital, a Scottish company, raised $3.4m funding.
– The round was led by Scottish Investment Bank and joined by other investors.
– The company plans to launch dozens more satellites.

Source
Artificial Intelligence Asia Robotics Space Travel Virtual Reality Virtual World Virtualization

Space startup Gitai raises $17.1M to help build the robotic workforce of commercial space

– Japanese space startup Gitai has raised a $17.1m funding round.
– The round was led by SPARX Innovation for the Future Co. Ltd, and includes funding form DcI Venture Growth Fund, the Dai-ichi Life Insurance Company, and EP-GB (Epson’s venture investment arm).

Source
Advanced Materials Aerospace Industrial Manufacturing North America Space Travel

Axiom raises $130M for its space station — and adds Blue Origin alum to its board

– Axiom Space raised $130m funding.
– The funding was led by C5 Capital and joined by Declaration Partners, Moelis Dynasty Investments, The Venture Collective, Hemisphere Ventures, and Starbridge Venture Capital.
– Axiom Space is building the world’s first commercial space station.
– The company’s president and CEO Michael Suffredini said the company’s valuation now exceeds $1 billion.

Source
Advanced Materials Aerospace Industrial Manufacturing North America Space Travel

Axiom Space raises $130 million for its commercial space station ambitions

– Axiom Space, a space startup, raised $130m in Series B funding.
– The round was led by C5 Capital and joined by other investors.
– The company plans to launch its first private astronaut mission to the ISS in January 2019.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: