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Space Tug Firm D-Orbit Raises $100 Million As Space Economy Expands

NewsTech

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Courtesy of SpaceX's rapid success with the Falcon 9 at bringing down global satellite launch costs, the demand for satellites and other associated equipment has also grown and enabled different players to gain footing in the market. One such firm is D-Orbit, whose space tugs work together with the Falcon 9 second stage to allow satellite firms to place their spacecraft in precise orbits while ensuring that launch costs remain low. D-Orbit has launched 13 commercial missions so far, and it seems like its success has convinced some investors after the company announced a cool $100 million in Series-C funding […]

Read full article at https://wccftech.com/space-tug-firm-d-orbit-raises-100-million-as-space-economy-expands/

WccftechContinue reading/original-link]

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