space

space

\u200bPhoto: Gitai

Space robotics company Gitai raised a $30 million Series B extension this week, bringing the total value of the round to roughly $47 million.

The funding will be used to further develop Gitai’s suite of space robots as well as build out its manufacturing footprint in Torrance. Previously Gitai announced it raised a $17.1 million Series B in March 2021; this additional raise is still part of that round.

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Image courtesy of Virgin Orbit

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Three Southern California aerospace companies located near Space Beach have purchased the assets and property of Virgin Orbit at a bankruptcy auction, effectively putting an end to the six-year-old satellite launch firm’s operations.

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Relativity Space

SpaceX will attempt another launch of its massive Super Heavy rocket booster and Starship spacecraft April 20, and if it’s successful, the flight will mark the ascent of the largest object SpaceX has ever flown.

Starship was originally scheduled to lift off April 17, but an issue with a pressure valve caused the launch to be delayed. With such a large craft it’s not uncommon for companies like SpaceX to be extra cautious in favor of making sure every miniscule part is in order – especially since SpaceX founder Elon Musk once warned that Starship could have only a 50% chance of reaching orbit on its first launch.

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