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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Alba Orbital Raises $3.4 Million in Seed Round from Founders of Skype & Fitbit

GLASGOW, Scotland (Alba Orbital PR) — Alba Orbital is pleased to announce we have closed our Seed round to accelerate our mission to image everywhere on earth every 15 minutes.

The round was led by Metaplanet Holdings and included Y Combinator, Liquid2, Soma, Uncommon Denominator, Zillionize and a number of angel investors

To date Alba Orbital has launched 6 satellites, more than all the other Y Combinator companies combined, with another 9 integrated and ready to launch in a few months.

‘We are thrilled to have closed our first external investment round, which was so popular we could have filled two or three times over. We are excited to kick on and start building out our fleet at scale, starting with our 11 satellite constellation for night time imagery’.

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Relativity Space Closes $500 Million Series D Financing

LOS ANGELES, November 23, 2020 (Relativity Space PR — Relativity Space, the first company to 3D print an entire rocket and build the largest metal 3D printers in the world, today announced it closed a $500 million Series D equity funding round.

The round was led by Tiger Global Management with participation from new investors Fidelity Management & Research Company LLC, Baillie Gifford, ICONIQ Capital, General Catalyst, XN, Senator Investment Group, and Elad Gil. Existing investors participating in the round include BOND, Tribe Capital, K5 Global, 3L, Playground Global, Mark Cuban, Spencer Rascoff, and Allen & Company LLC, among others.

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Supersonic & Hypersonic Civilian Transport Projects in Development

Overture supersonic passenger jet (Credit: Boom Supersonic)

by Douglas Messier
Managing Editor

Boom Supersonic’s recent rollout of its XB-1 supersonic demonstrator aircraft marked a milestone in an accelerating race to revive an era of civilian supersonic travel that ended when the Concorde jetliner was retired in 2003.

XB-1, aka Baby Boom, is set to begin flight tests next year from the Mojave Air and Space Port in California. The Mach 2.2 (2,717 km/h, 1,688 mph) vehicle is the precursor to Boom’s 55-seat Overture airliner, which is scheduled to begin carrying passengers in 2029.

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Momentus to Become Public Through Merger with Stable Road Acquisition Corp.

  • Merger to create the first publicly traded space infrastructure company at the forefront of the new space economy
  • Momentus partners and customers include SpaceX, Lockheed Martin, and NASA
  • Momentus to become publicly listed through a business combination with Stable Road Acquisition Corp. (Nasdaq: SRAC, SRACU, SRACW) (“Stable Road”)
  • Combined company will have an estimated enterprise value of approximately $1.2 billion and will become listed on Nasdaq under the ticker symbol “MNTS” following expected transaction close in early 2021
  • Pro forma for the transaction, Momentus will have approximately $310 million in cash on the balance sheet, to be funded by Stable Road’s $172.5 million of cash held in trust (assuming no redemptions) and $175.0 million from a fully committed common stock PIPE at $10.00 per share, including investments from private equity growth investors, family offices and select top tier public institutional investors

SANTA CLARA, CA , October 7, 2020 (Momentus PR) — Momentus Inc. (“Momentus” or the “Company”), a commercial space company offering in-space transportation and infrastructure services, today announced it has signed a definitive merger agreement with Stable Road Acquisition Corp. (Nasdaq: SRAC, SRACU, SRACW) (“Stable Road”) that will result in the Company becoming publicly listed. Upon the closing of the transaction, the combined operating company will be named Momentus Inc. and its securities will be listed on Nasdaq and trade under the ticker symbol “MNTS.”

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Momentus Announces Service Agreement for GP Advanced Projects FEES satellites

Vigoride (Credit: Momentus)

SANTA CLARA, Calif., September 22nd, 2020 (Momentus PR) – Momentus Inc. (“Momentus” or the “Company”), a commercial space company providing in-space satellite transportation and infrastructure services, and GP Advanced Projects, an Italian startup helping non-space companies to enter the space sector, today announced a launch service agreement for GP Advanced Projects FEES2 Picosatellite to fly on Vigoride’s second demo mission in April 2021.

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Momentus Announces Hosting Service

Beginning in June 2021 companies or academics requiring large scale demos in Space can ride on a Momentus bus

SANTA CLARA, Calif., August 03, 2020 (Momentus PR) — Momentus (www.momentus.space), provider of in-space transportation services for satellites, today announced a hosting service for customer payloads, providing access for analytics and in-space demonstrations at a fraction of the cost of designing, building, launching and operating a dedicated smallsat.

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Relativity Seeks to Disrupt Smallsat Launch Industry

A startup named Relativity has conducted more than six dozen test firings of a new liquid oxygen/liquid methane rocket engine at NASA’s Stennis Space Center, CEO Tim Ellis told a Senate subcommittee last week.

“Relativity is a stealth-mode startup re-imagining the way orbital rockets are built and flown,” said Ellis, who co-founded the company. “We are creating a new launch service for orbital payloads enabled by never-seen-before technologies, allowing for a high degree of launch schedule certainty at significantly reduced cost.”

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