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Orbiter is intended for use on Launcher Light, the small launch vehicle Launcher is developing, with a first launch projected in 2024.
Launcher is planning a Series B round seeking $40,000,000 and expects to close it by early next year.
Launcher will need to spend about $10,000,000 per year to reach orbit by 2024 with Launcher Light.
Launcher’s goal is to reach orbit with a total investment of $50,000,000.
During its first four years Launcher focused on development of a first-stage rocket engine, operated with just a handful of employees, and expended about $1,500,000 per year.
Max Haot invested $5,000,000 in Launcher’s Series A round using proceeds from the sale of his camera company Mevo.com to Logitech earlier 2021.
Launcher aims to achieve first orbital flight with a total budget of $50,000,000.
Launcher has spent $6,000,000 to date on company development, including a $1,500,000 Small Business Innovation Research award from the Space Force.
Launcher has raised $11,700,000 in a Series A round of funding, exceeding the company’s $7,000,000 goal.
The planned Series B funding is intended to support four test flights of Launcher Light starting in 2024.
Launcher expects to complete an additional round of funding by early 2022 to support its growth and development.
Launcher plans to scale its workforce to about 70 employees by the end of 2021.
Launcher raised $11,700,000 in a Series A funding round.
Launcher plans to use the Series A funding to accelerate team growth and build a new California factory.
Launcher moved its headquarters to Southern California earlier in 2024.
China intends to test-launch the Long March 9 super heavy-lift launcher by the 2030–2035 timeframe to support ILRS infrastructure.
Arianespace delayed the mission from 2021-05-27 to replace one item of electrical equipment on the Soyuz launcher at the launch site, with the rocket and satellites in a stable and safe condition.
Flight ST32 was initially scheduled for 2021-05-27 and was postponed by 24 hours due to replacement of one item of electrical equipment on the Soyuz launcher at the Vostochny Space Center.
Following Launcher’s October 2020 test fire at NASA’s Stennis Space Center, Launcher purchased an AMCM M 4K for its expansion in Hawthorne, California.
Launcher will additively manufacture the entire 10,000 kg-force E-2 rocket engine to deliver small satellites to low Earth orbit.