A work collaboration and inventory management software for aerospace manufacturers — including rocket-part maker Phase Four — First Resonance is poised to take off.
The startup raised a $3.5 million Series A on Wednesday, and will use the funding to expand its footprint in Los Angeles.
Eventually, the downtown-based company wants to be the software behind a new wave of mobility, from jetpacks to air taxis.
First Resonance CEO Karan Talati
Air taxis traveling 150 mph and quietly ferrying passengers up to 60 miles over the sunny skies of Los Angeles could become a reality in three years.
Palo Alto-based Archer Aviation, which is developing electric vertical takeoff and landing aircraft vehicles, announced Tuesday it would launch its first transportation network here by 2024 in collaboration with the city's Urban Movement Labs, which is also working with other companies to develop delivery robots and drones.
Virgin Orbit will launch the Dutch Ministry of Defense's first satellite into space later this year. It comes over a week after the Long Beach-based company successfully placed satellites from its LauncherOne rocket into orbit for the first time.
The company announced Monday it had been selected by the Dutch space engineering company Innovative Solutions in Space to propel the Royal Netherlands Air Force's first satellite, BRIK II, into space.
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