European startup Atmos raises €25.7 million to develop its orbital research capsules
A graphic showing Atmos’ Phoenix-2 capsule during re-entry,
protected by an inflatable shield. Click for more information.
The European startup Atmos announced today that it has raised an additional €25.7 million [$30 million] as part of its ongoing commercial program to develop its Phoenix orbital research capsules that will fly in space for several months — where products can be produced in weightlessness — and then return those products safely to Earth.
The funding will support an initial three-vehicle PHOENIX 2 fleet, the launch of ATMOS WORKS for governmental and defence customers, and development of PHOENIX 3, the company’s next-generation orbital return vehicle.
The round is co-led by Balnord and Expansion, and joined by Keen Defence and Security. The European Innovation Council (EIC) participates through its Accelerator programme via blended financing, combining grant and equity components. Additional investors include OTB Ventures, High-Tech Gründerfonds (HTGF), APEX Ventures, Seraphim, Faber, E2MC, Kirch Ventures, Lennertz & Co., Mätch VC, MBG Baden-Württemberg, and Tech Horizons.
Since the American company Varda successfully demonstrated there was money to be made flying these small recoverable capsules, investment capital has poured into this industry. In the U.S. Varda, Inversion Space, and Sierra Space, have raised money for doing such orbital work. In Europe, The Exploration Company in France, Atmos in Germany, PLD in Spain, Genesis in Croatia, and Space Cargo in Luxembourg have also raised capital.
At this moment, however, only Varda has successfully launched and recovered a capsule.
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 graphic showing Atmos’ Phoenix-2 capsule during re-entry,
protected by an inflatable shield. Click for more information.
The European startup Atmos announced today that it has raised an additional €25.7 million [$30 million] as part of its ongoing commercial program to develop its Phoenix orbital research capsules that will fly in space for several months — where products can be produced in weightlessness — and then return those products safely to Earth.
The funding will support an initial three-vehicle PHOENIX 2 fleet, the launch of ATMOS WORKS for governmental and defence customers, and development of PHOENIX 3, the company’s next-generation orbital return vehicle.
The round is co-led by Balnord and Expansion, and joined by Keen Defence and Security. The European Innovation Council (EIC) participates through its Accelerator programme via blended financing, combining grant and equity components. Additional investors include OTB Ventures, High-Tech Gründerfonds (HTGF), APEX Ventures, Seraphim, Faber, E2MC, Kirch Ventures, Lennertz & Co., Mätch VC, MBG Baden-Württemberg, and Tech Horizons.
Since the American company Varda successfully demonstrated there was money to be made flying these small recoverable capsules, investment capital has poured into this industry. In the U.S. Varda, Inversion Space, and Sierra Space, have raised money for doing such orbital work. In Europe, The Exploration Company in France, Atmos in Germany, PLD in Spain, Genesis in Croatia, and Space Cargo in Luxembourg have also raised capital.
At this moment, however, only Varda has successfully launched and recovered a capsule.
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