Tag: Aerospace
Boom says its supersonic XB-1 aircraft test program will be “fully carbon neutral”
Commercial aviation isn’t typically the place to look if you’re after carbon-light initiatives. Jet fuel isn’t generally very green, and airplanes burn a lot of it when traversing the skies. But supersonic flight startup Boom wants to change the perception of commercial aviation as an emissions costly prospect, starting with…
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Sensors are the next big thing in space, not starships
Understanding the opportunities available in the space industry — especially for early-stage companies and new founders — isn’t easy. The pool of people who have deep aerospace technical expertise isn’t huge, and like any community that requires a high degree of specialist knowledge, it’s a tightly-knit field that relies on…
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SpaceX said to be seeking around $250 million in funding, boosting valuation to roughly $36 billion
SpaceX is looking to raise around $250 million in new funding according to a new report from CNBC’s Michael Sheetz. The additional cash would bring SpaceX’s total valuation to around $36 billion, according to CNBC’s sources – an increase of more than $2.5 billion vs its most recently reported valuation.…
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SpaceX anticipates building “many rockets” as it iterates Starship towards orbital flight this year
SpaceX founder Elon Musk has been sharing a number of updates about his company’s progress on Starship this week. Along with footage of the assembly process of the current ‘SN1’ prototype of Starship, he explained on Twitter some of the other considerations and strategies the company is working with as…
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Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others
Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to…
Read MoreVolocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others
Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to…
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