Verified facts grounded in source documentation.
SpinLaunch’s $71,000,000 Series B round, announced 2022-09-20, included a mix of debt and equity.
SpinLaunch raised $71,000,000 in a Series B funding round led by ATW Partners on 2022-09-20.
SpinLaunch has raised $150,000,000 to date to fund development of its centrifuge-based launch system.
NASA’s Flight Opportunities Program, which includes the Space Act Agreement with SpinLaunch, is funded by NASA’s Space Technology Mission Directorate at the agency’s Headquarters in Washington, D.C.
SpinLaunch is expanding operations at Spaceport America in New Mexico and plans to hire 59 additional people at the site.
SpinLaunch is expanding operations at Spaceport America in New Mexico and plans to hire 59 additional people at the site.
SpinLaunch has raised $80,000,000 to date, including a $35,000,000 funding round a year ago.
SpinLaunch expects to perform the first suborbital tests of a prototype of its centrifugal system for launching small satellites later 2021 from New Mexico.
A SpinLaunch job opening for the New Mexico site notes that a crew of about 30 to 45 people works there and that employees are provided housing, meals, and other amenities.
At the time of the 2019 OTA award, SpinLaunch expected to be able to launch five times per day for $250,000 per launch and did not disclose payload sizes.
SpinLaunch is developing a test facility at Spaceport America in New Mexico expected to cost $7,000,000 to develop.
SpinLaunch raised $35,000,000 in a new funding round disclosed 2020-01-16.
Jonathan Yaney set a goal to complete SpinLaunch's first flight test mass accelerator at Spaceport America later 2020.