Tag: Startups
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Zeno Power raises $50M in funding to fuel development of next-gen nuclear batteries
An artist’s conception shows a lunar rover powered by a nuclear battery. (Zeno Power Illustration) Zeno Power, a startup that’s headquartered in Seattle as well as Washington, D.C., today announced the completion of a $50 million funding round to boost the development of nuclear batteries for maritime and space applications. The Series B round was…
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Portal Space Systems raises $17.5M for orbital spacecraft powered by solar heating
An artist’s conception shows the Supernova spacecraft in orbit. (Portal Space Systems Illustration) Bothell, Wash.-based Portal Space Systems says it has raised $17.5 million in seed funding to accelerate the development of its Supernova space vehicle, which aims to harness the heat of the sun to power rapid-response maneuvers in orbit. The oversubscribed investment round…
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Lumen Orbit changes its name to Starcloud and raises $10M for space data centers
An artist’s conception shows data-center spacecraft being added to an orbital array. (Starcloud via YouTube) Redmond, Wash.-based Starcloud got its start just last year under a different name — Lumen Orbit — but the newly renamed company is already filling out its seed funding round with $10 million in fresh investment for space-based data centers.…
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Seattle-area firm launches program to back new space ventures with million-dollar bets
Fuse has come up with a mission patch for its program to back early-stage space ventures. (Fuse Graphic) Seattle-area venture capital firm Fuse wants to light a spark for entrepreneurs focusing on the final frontier, and it’s willing to invest a million dollars to turn a good idea into a great startup. The Fuse Space…
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Stoke Space brings in $260M for further development of its fully reusable rocket
Stoke Space’s rocket engine test lights up a vertical test stand in Moses Lake, Wash. (Stoke Space Photo) Kent, Wash.-based Stoke Space says it’s raised $260 million in a new founding round to finish the development of its fully reusable Nova rocket and complete construction of a launch complex in Florida. Investors in the Series…
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Stoke Space hotfires rocket engine on new vertical test stand — a ‘very big deal’ for Washington startup
The Stoke Space rocket engine test lights up a vertical test stand in Moses Lake, Wash. (Stoke Space Photo) Stoke Space successfully hotfired its first-stage rocket engine on a new vertical test stand at the company’s Moses Lake, Wash., facility on Wednesday in what was called “a very big deal” for the 4-year-old startup. The company…
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Lumen Orbit, a Seattle-area startup that wants to put data centers in space, raises $11M
Lumen Orbit’s co-founders are, from left, CEO Philip Johnston, chief technology officer Ezra Feilden and chief engineer Adi Oltean. (Lumen Orbit Photo) Bellevue, Wash.-based Lumen Orbit, a startup founded earlier this year, raised $11 million to fuel plans to put data centers in space that power technology and AI services back down on Earth. The seed…
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A taste of space on Earth: Astronaut training startup raises $4M to market way-out experiences
Brienna Rommes, Orbite’s chief astronaut trainer, guides participants in the Astronaut Orientation program through a presentation on spaceflight. (Photo Courtesy of Magali Maricot) Seattle-based Orbite says that it’s completed a $4 million funding round and sealed a strategic deal with Accor, one of the world’s leading hospitality companies, to advance its plans for offering space-oriented…
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Starfish Space raises $29M to bankroll development of orbital servicing vehicles
An artist’s conception shows an Otter spacecraft in orbit. (Starfish Space Illustration) Tukwila, Wash.-based Starfish Space today announced that it has raised $29 million to support the development of its first three Otter orbital servicing vehicles for missions serving the U.S. Space Force, NASA and Intelsat. The investment round was led by Shield Capital, a…
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Startup Trek: Blue Origin vets go to the frontiers of space and tech with new studio
Andrew Woodfield and Chris Le are the founding partners of Actuate Ventures. (Photo Courtesy of Chris Le) Two former employees of Jeff Bezos’ Blue Origin space company are striking out on their own with Actuate Ventures, a venture studio that specializes in supporting startups in the space industry and other deep-tech markets. Actuate’s founding partners,…