Space Perspective Lands $17 Million in New Funding

View of the capsule at altitude. (Credit: Space Perspective)

Space Perspective announces new additions to its team of accomplished and dynamic luminaries including the world’s leading SpaceBalloon™ manufacturer, the SpaceX Dragon capsule marine operations lead, the lead for Boeing’s 787 composite fuselage and window system, and an award-winning documentarian

CAPE CANAVERAL, Fla.–(Space Perspective PR) — Space Perspective, Earth’s leading luxury spaceflight experience company, today announced additional financing from a group of investors including Silicon Valley Bank, Trinity Capital, and investor and philanthropist Henry Kravis. The financing brings the company’s total capital raised to date to more than $65 million.

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Space Perspective Raises $40 Million Series A Round to Expand High Altitude Balloon Travel

View of the capsule at altitude. (Credit: Space Perspective)
  • Largest Venture Funding Round in History for a Human SpaceBalloon™ Company
  • Additional Funding from LightShed Ventures, Explorer 1 Fund and Others Propels Launch of Commercial SpaceBalloon™ Flights to the Edge of Space by Late 2024

CAPE CANAVERAL, Fla. (Space Perspective PR) – Space Perspective, the Earth’s leading luxury spaceflight experience company, today announced a $40 million Series A financing round led by deep-technology VC firm Prime Movers Lab with additional participation from existing and new investors. The new injection of capital marks the first time a human SpaceBalloon company has raised this level of investment. To date, Space Perspective has raised a total of $48 million in funding, advancing the company to the phase of fulfilling commercial SpaceBalloon flights from late 2024 and beyond. 

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Xona Space Systems Fully Funded for First LEO Satellite Navigation Mission

SAN MATEO, Calif., September 22nd, 2021 (Xona Space Systems PR) — Xona Space Systems, the leading innovator in precision LEO satellite navigation services, announced today that it has raised a new funding round co-led by Seraphim Space Investment Trust (LSE:SSIT) and MaC Venture Capital, with participation from Toyota Ventures, Daniel Ammann (co-founder of u-blox), and Ryan Johnson (former CEO of BlackBridge, operator of the Rapideye constellation). Follow-on investors also include 1517 Fund and Stellar Solutions.

Global Navigation Satellite Systems (GNSS) such as GPS and Galileo have become the backbone of nearly every aspect of the modern connected world. However, threats to these legacy systems along with consumer demands for enhanced performance are increasing rapidly. 

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