Analytical Space Rebrands to Hedron, Raises $17.8M to Accelerate Rollout of the Network Operating Demonstration

CAMBRIDGE, Mass., October 26th, 2021 (Hedron PR) — Analytical Space (the “Company”) today announced that it has closed a $17.8M Series A equity funding round, enabling the firm to accelerate the development of the initial operating capability of the world’s first hybrid optical/RF data relay network. In addition, the Company is officially rebranding to Hedron, effective immediately. Hedron represents a shortening of the polyhedron shape, a reference to the Company’s network topology and core optical communications technology design.

The round was led by Fine Structure Venture, joined by Lockheed Martin Ventures, Republic Labs, Lime Street, and Explorer 1, and existing investors: The Engine, Flybridge, Yard Ventures, NKM Capital, and Space Angels. These funds enable Hedron to expand its U.S. operations to support the company’s growing pipeline of government and commercial business.

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Orbit Fab Secures Investment from Northrop Grumman and Lockheed Martin to Commercialize On-Orbit Refueling

Tanker 1 satellite. (Credit: Orbit Fab)

Two industry leaders, Northrop Grumman and Lockheed Martin, invest in Orbit Fab for their Gas Stations in SpaceTM end-to-end refueling services using the Rapidly Attachable Fluid Transfer Interface (RAFTI).

SAN FRANCISCO (Orbit Fab PR) — Orbit Fab closed over $10 Million in its most recent financing, bringing its total funding to $17 Million. Alongside Northrop Grumman Corporation (NYSE: NOC) and Lockheed Martin Ventures (NYSE: LMT), Asymmetry Ventures led the round. Existing investor SpaceFund is joined by new investors, Marubeni Ventures and Audacious Venture Partners.

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