Xplore Secures $16.2M in Venture Funding and Customer Contracts

Xcraft (Credit: Xplore)

REDMOND, Wash., February 24, 2022 (Xplore PR) — Xplore Inc. announced it has received $16.2 million in funding to date. The company has aligned itself with exceptional strategic and veteran space sector investors, including: Alumni Ventures, Brightstone Venture Capital, KittyHawk Ventures, Private Shares Fund, Starbridge Venture Capital, Helios Capital, Lombard Street and Gaingels. Notable investors also include Tremendous View, Kingfisher Capital and Dylan Taylor – commercial astronaut and CEO of Voyager Space.

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Good News, Everyone! SSTO is Back!

An artist’s rendering of Radian Aerospace’s fully reusable horizontal takeoff and landing, single-stage to orbit spaceplane flying over Earth. (Credit: Radian Aerospace)
  • Radian Aerospace emerges from stealth, announces seed funding led by Fine Structure Ventures
  • Development of the world’s first fully reusable horizontal takeoff and landing, single-stage to orbit spaceplane takes critical step forward with investment

RENTON, Wash., Jan. 19, 2022 (Radian Aerospace PR) — Radian Aerospace (Radian), the developers of the world’s first fully reusable horizontal takeoff and landing, single-stage to orbit spaceplane, announced today that the company recently closed $27.5 million in seed funding. The recent round was led by Fine Structure Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments, with additional investment from EXORThe Venture CollectiveHelios CapitalSpaceFundGaingelsThe Private Shares FundExplorer 1 FundType One Ventures as well as others.

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Wyvern Brings Business Intelligence to New Markets Using Compact Satellites

Wyvern raises USD $4.5M and enters Y Combinator, paving the way for access to affordable hyperspectral imagery from space

EDMONTON, Alberta, January 17, 2022 (Wyvern PR) — Wyvern, a space data company making hyperspectral imagery accessible and affordable, announced today its acceptance into the Y Combinator accelerator after closing an oversubscribed USD $2.25M seed round led by MaC Venture Capital, with an additional USD $2.25M raised through earlier pre-seed funding and support from the Government of Canada. Soma Capital, Liquid 2 Ventures, Gaingels, Unpopular Ventures, and Matt Mickiewicz invested alongside lead MaC Venture Capital.

The world has been waiting for hyperspectral imaging to become commercially accessible. An advanced spectral imaging technique that collects hundreds of images at different wavelengths to form 3D data blocks, hyperspectral imaging has the power to detect incredible details invisible to conventional imaging standards.

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