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Quantum Space raises $40 million to advance the Ranger spacecraft, focusing on national security applications, with participation from Prime Movers Lab and others.
Amount Raised
$40 Million
Round Type
Series A
RockvilleManufacturingTransportationAutomotiveAerospaceInvestors
Description
Quantum Space has closed a $40 million extension of its $17 million Series A round to advance the Ranger spacecraft. The funding will aid in pivoting Ranger's role towards national security applications. The company, based in Rockville, Maryland, aims to create a highly maneuverable platform. This unique spacecraft could host a variety of payloads and improve national defense architecture.
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Funding Insights
What this usually meansQuantum Space raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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