Swiss orbital tug startup Pave Space raises $40 million
A new orbital tug startup from Switzerland, Pave Space, has now successfully raised $40 million in private investment capital that it will use to develop a new kickstage engine and fly it on a demo mission.
The funding round was led by Visionaries Club and Creandum, with participation from Lombard Odier Investment Managers, Atlantic Labs, Sistafund, b2venture, ACE Investment Partners, Ilavaska Vuillermoz Capital, Pareto & Motier Ventures.
Pave had its start as a student project that built a reusable small hopper to test vertical take-off and landing. The company now joins about a dozen other orbital tug companies, offering a range of serves from moving satellites to removing space junk to doing satellite repair. Based on the amount of money that all of these companies are raising, both in the U.S. and Europe, it appears the investment community sees a strong demand for these services down the road, especially with the many gigantic constellations being proposed.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
A new orbital tug startup from Switzerland, Pave Space, has now successfully raised $40 million in private investment capital that it will use to develop a new kickstage engine and fly it on a demo mission.
The funding round was led by Visionaries Club and Creandum, with participation from Lombard Odier Investment Managers, Atlantic Labs, Sistafund, b2venture, ACE Investment Partners, Ilavaska Vuillermoz Capital, Pareto & Motier Ventures.
Pave had its start as a student project that built a reusable small hopper to test vertical take-off and landing. The company now joins about a dozen other orbital tug companies, offering a range of serves from moving satellites to removing space junk to doing satellite repair. Based on the amount of money that all of these companies are raising, both in the U.S. and Europe, it appears the investment community sees a strong demand for these services down the road, especially with the many gigantic constellations being proposed.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

