Embedded Ventures $100 Million Fund
Los Angeles-based Embedded Ventures has launched a $100 million fund to provide venture capital to commercial and national security companies, with a particular focus on the space sector.
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by Douglas Messier
Managing Editor
On Christmas Day 2021, an European Ariane 5 rocket roared off its launch pad in French Guiana with the most expensive payload the booster had ever carried, the $10 billion James Webb Space Telescope. The launcher performed perfectly, sending the most powerful space telescope on a journey to its final destination 1.5 million km (900 million miles) from Earth. The launch was so accurate that Webb should have sufficient propellant to perform science operations for much longer than its planned 10-year lifetime.
There was a collective sigh of relief among the European, American and Canadian scientists and engineers involved in the long-delayed program. It was a superb Christmas gift to a world suffering through the second year of the deadly COVID-19 pandemic.
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Lifting off at 3:45 p.m. from Launch Complex 39A at NASA’s Kennedy Space Center, a SpaceX Falcon Heavy begins its demonstration flight. (Credit: NASA/Kim Shiflett)
SOLNA, Sweden, October 16, 2018 (Ovzon PR) — In an important step towards growing its satellite service offering, Ovzon has entered into an agreement with SpaceX for launch of Ovzon’s first GEO satellite. The launch is expected to take place no earlier than Q4 2020. The next step for the company is to finalize the procurement of the satellites.
