Outpost Raises $7.1M Seed Round To Develop Reusable Satellites For Earth Return Service
Aug 30, 2022•almost 3 years ago
Amount Raised
$7.1 Million
Round Type
seed
Description
Outpost Technologies Corporation (“Outpost”), the sustainable space company, announced the closing of a $7.1M Series Seed round. During a bearish fundraising environment, this round was oversubscribed, demonstrating Outpost’s visionary approach to disrupting the satellite market. The company has developed, and flight tested a novel re-entry method that enables satellites to safely return to Earth with precision landing. This technology not only makes single-use satellites obsolete, but also enables the broader aerospace market to attain dedicated payload return to Earth