SpaceThe Next Webabout 9 hours ago
NewOrbit raises $18.5M for VLEO satellites
1 min read
UK startup NewOrbit raised an oversubscribed $18.5M Series A led by Voyager Ventures to build the first commercial satellite for very low Earth orbit at 200-300km. First launch is planned for 2028. The company's NEO-1 satellite uses an in-house propulsion system to withstand drag and atomic oxygen for up to five years.
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