HOUSTON (SpaceFund PR) — SpaceFund Inc., announced it has fully deployed investments from its first “LaunchPad” fund today. The venture capital firm placed investor funds in 14 companies, including both some well-known NewSpace stars, as well as seeding rising stars it believes capable of helping lead humanity into the frontier of space.

“We’re right on track in our plan to seed and support the growth of these amazing companies,” said SpaceFund founder Rick Tumlinson. “Our formula is working. First we find brilliant frontier tech startups in need of early funding, then we bring in funds from visionary investors, and after significant diligence, we place those funds in just the right places to power the space revolution.”

COLORADO SPRINGS, Colo. (AFRL PR) — Air Force Research Laboratory Space Vehicles Directorate and Catalyst Space Accelerator have announced the selection of the Accelerator’s third space technology cohort, this one with a focus on Resilient Commercial Space Communications.

The semi-residential, 12-week, cohort-based Catalyst Space Accelerator program is hosted by Air Force Research Laboratory Space Vehicles Directorate (AFRL/RV) at Catalyst Campus in downtown Colorado Springs and includes seed investment by Space Capital Colorado, network connections, mentorship, workshops, and opportunities for future investment and growth.

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