Fenix Space is a launch provider that is developing an air-launch platform designed to provide low-cost, on-demand launch services to the commercial market. Their system involves launching a rocket from a winged booster towed by a jet aircraft at high altitude. Fenix Space has a contract with the Pentagon's Defense Innovation Unit (DIU) to develop hypersonic and high-cadence airborne testing capabilities and partners with organizations like NASA and the U.S. Space Force. The company's innovative approach aims to revolutionize space launch by significantly reducing costs and increasing flight availability.
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Fenix Space’s launch system is designed to reach orbit by gliding behind a tow aircraft, detaching, and propelling itself the rest of the way.
Fenix Space completed a week-long testing campaign of its Fenix alpha prototype launch vehicle.
Fenix Space’s early vehicle iterations will focus on hypersonic testing and delivering small payloads to low Earth orbit.
Fenix Space’s long-term vision is a vehicle that can fly multiple times per day and access sun-synchronous orbit.
The U.S. Department of Defense is supporting Fenix Space’s development and testing effort.
Fenix Space validated the Fenix alpha prototype launch vehicle’s ability to take off and land without a launch pad.
Fenix Space’s horizontal-lift approach allows takeoff and landing from standard runways.
Fenix Space expects commercial launch operations to begin in 2028.
The proprietary GNC software and avionics package for Fenix Space’s alpha prototype is intended to fly on the full-sized Fenix 1.0 vehicle.
Fenix Space demonstrated autonomous flight maneuvers over four flight tests using a proprietary GNC software and avionics package.
Fenix Space develops advanced reusable tow-launch and aerospace technologies to deliver payloads to orbit.
Fenix Space’s U.S. Department of War customers include the Defense Innovation Unit (DIU), Space Development Agency (SDA), and National Security Innovation Capital (NSIC).
Dennis Muilenburg is a board director for Fenix Space and co-founder of New Vista Capital.
Upon completion of the transaction, Alaska Capital will appoint one member to Fenix Space’s Board of Directors.
Fenix Space plans to accelerate its mission to redefine launch economics using the investment from Alaska Capital.
Alaska Capital intends to assist Fenix Space with access to strategic locations in Alaska for aerospace and defense operations.
Alaska Capital, LLC has signed a letter of intent to invest $30 million in a Series A financing of Fenix Space Inc. for advanced launch capabilities.
Alaska Capital aims to contribute to Fenix Space's corporate governance, compliance, and strategic growth.
This partnership between Alaska Capital and Fenix Space aims to deliver a transformational on-demand tow-launch technology for the United States.
The Defense Innovation Unit selected Fenix Space, a California-based startup developing a reusable tow-launch platform.