RocketStar Secures $2 Million in Seed Funding; Acquires Electric Propulsion Company
Acquiring Company
RocketStar
Acquired Company
Miles Space
Description
RocketStar, Inc. has secured a $2 million seed investment and acquired Miles Space, Inc., a space propulsion and spacecraft manufacturer. This strategic move enables RocketStar to explore possibilities within the future of fusion propulsion and advanced aeronautics, and expands its suite of services with in-space propulsion technology and digital signal processing software for deep space communications.
Quick answer
RocketStar is acquiring Miles Space for $2 million, announced January 17, 2024. RocketStar is based in New York, United States.
- How much did RocketStar pay for Miles Space?
- The reported deal value is $2 million.
- What does RocketStar do?
- RocketStar, Inc. is a frontrunner in redefining the boundaries of space exploration and satellite services, and is recognized for their revolutionary, patent-pending Aerospike Engine, known for being reusable, reliable,..
- Where are RocketStar and Miles Space based?
- RocketStar is based in New York, United States. Miles Space is based in Tampa, Florida, United States.
- Who are the decision-makers at RocketStar?
- Fundz holds 1 contact at RocketStar. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at RocketStar, and when
When RocketStar changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day RocketStar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at RocketStar, from your own LinkedIn network
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Frequently asked
Who acquired Miles Space?
Miles Space was acquired by RocketStar, based in New York. The deal was reported on January 17, 2024. RocketStar, Inc. RocketStar is privately held and operates in Satellite Communication.
When did RocketStar acquire Miles Space?
RocketStar's acquisition of Miles Space was reported on January 17, 2024. RocketStar, Inc. has secured a $2 million seed investment and acquired Miles Space, Inc., a space propulsion and spacecraft manufacturer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Miles Space do?
Miles Space is an Aerospace company founded in 2016 born from the technology of winning the NASA CubeQuest Challenge, providing the future of communications and propulsion for space exploration. It is privately held, operating in Aviation & Aerospace, and is based in Tampa.
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