Slingshot Aerospace closes Series A-2 to grow space situational awareness platform

Slingshot Aerospace closes Series A-2 to grow space situational awareness platform

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/12/07/slingshot-aerospace-closes-series-a-2-to-grow-space-situational-awareness-platform/

Space is packed with human-made objects, and will likely only get more crowded with the continued growth of the space industry. Spacecraft operators have surprisingly little real-time data about where things actually are in orbit, especially in relation to each other.

Enter Slingshot Aerospace. The company is building a real-time “digital space twin” so that operators can keep their assets safe and secure while in orbit. Investors are certainly paying attention. The company has closed $40.85 million in Series A-2 funding, led by Sway Ventures and with participation from C16 Ventures, ATX Venture Partners, Lockheed Martin Ventures, Valor Equity Partners and Draper Associates. Slingshot also received a venture loan for an undisclosed amount from venture lending firm Horizon Technology Finance.

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