Portal Space Systems Raises $50M to Launch Starburst-1 on SpaceX Transporter-18 This Fall
Portal Space Systems raised $50 million in Series A funding to accelerate development of its maneuverable spacecraft, with Starburst-1 slated for launch this fall on a SpaceX rideshare mission. The startup plans to produce its Starburst and advanced Supernova vehicles at a new large manufacturing facility and aims to demonstrate rapid orbital maneuver capabilities with its innovative solar thermal propulsion system.
PMore: SpaceNews, Aviation Week Network, Defense Daily, Payload, Beinsure: Insurance & InsurTech Media Market Intelligence Platform, GeekWire
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SpaceNews / Jeff Foust: Portal Space Systems raises $50 million to scale development of highly maneuverable spacecraft
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Aviation Week Network / Vivienne Machi: Portal Space Systems Raises $50M Series A Led by Geodesic Capital to Fund Maneuverable Satellites for LEO-to-Cislunar Operations
- Defense Daily / Rachel Jewett: Portal Space Systems Raises $50 Million Series A to Scale Production of Maneuverable Spacecraft
- Payload / Jacqueline Feldscher: Portal Space Systems Raises $50M Series A Led by Geodesic Capital and Mach33 to Scale Maneuverable Spacecraft
- Beinsure: Insurance & InsurTech Media Market Intelligence Platform: Portal Space raises $50M Series A to fast-track Starburst and Supernova maneuverable spacecraft
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GeekWire / Alan Boyle: Portal Space Systems' Mini-Nova Demonstration Payload Launched on SpaceX Falcon 9 for Maneuverable Spacecraft Tests
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