AXIS Group Ventures’ Post

"uncovered more details about a secretive #moon #startup headed by ex-#BlueOrigin leaders. Interlune, a startup that’s been around for at least three years but has made almost zero public announcements about its tech, raised $15.5 #million in new #funding and aims to close another $2 #million. It’s headed by Rob Meyerson, an #aerospace #executive and #investor who was president of Blue Origin for 15 years. What little is known of Interlune’s tech mostly comes from an abstract of a small SBIR the startup was awarded last year from the National Science Foundation. Under that award, the company said it will aim to “develop a core enabling #technology for #lunar #inSituResourceUtilization #ISRU: the ability to sort ‘moon dirt’ (lunar regolith) by particle size. “By enabling raw lunar #regolith to be sorted into multiple streams by particle size, the technology will provide appropriate feedstocks for lunar oxygen #extraction systems, lunar 3-dimensional printers, and other applications,” the abstract says." https://lnkd.in/eyWf65tJ TechCrunch "Ex-Blue Origin leaders want to mine the moon" | #TechCrunch #spacemining #mining #nextspace #spaceresources #space #newspaceeconomy

Earn on #Space: How to Make Space Ventures Profitable We’ve seen how spaceships and space colonisation are inevitable parts of our future, and discuss how we can implement our ideas and innovations to drive this path forward. Let’s see several examples now. First, think about space-based facilities that can be used right now. Starlink of SpaceX is an obvious example: everyone needs a secure and accessible Internet, independent of regulations, but you can improve the idea. For example, make it decentralised and more accessible. Other examples include satellites with solar batteries that can produce energy quickly and efficiently. Second, think about the potential that can be used not right now, but several years from now. The potential of space manufacturing is vast, as while it requires costs for orbital delivery, it’s many times cheaper than on Earth due to low gravity conditions. Asteroid mining, while not so easily accessible, can also have great financial potential after the initial space infrastructure is ready. Third, think about the implications of your business that can be used on Earth. Space ventures require a lot of supplemental technologies, such as air-cleaning systems, artificial biosystems for oxygen generation and food growing, robots, spacesuits, different AI tools for controlling spaceships and stations, and so on. There are hundreds of possible applications for them on Earth. Think about them, and you’ll have a stable revenue for your research. At #Atlantix, we believe that creative ideas, combined with a pragmatic approach, are the inevitable source of cutting-edge projects with high revenue potential. Join us, and let’s turn your ideas and plans about space exploration into profitable projects, helping humanity and earning on that! #tech #technologies #startupideas #startup

Union Minister Jitendra Singh heralded the success of Indian space startups, igniting global interest and drawing substantial private investments. In the previous fiscal year alone, these ventures amassed a staggering 1000 crores. Projections from international observers affirm India's potential to soar toward a $100 billion USD space economy by 2040. HA is currently seeking spacetech companies, and interested companies are encouraged to apply. Here is the recent Whitepaper published by HA on 𝐑𝐚𝐜𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐒𝐩𝐚𝐜𝐞 here is the link: https://lnkd.in/dUD3DZiY #SpaceInnovation #GlobalReach #IndianSpaceMission #HyderabadAngels #HA #innovation #startups #angelinvesters Space Inventor EnduroSat Momentus Equatorial Space Thorium Space Technology Arctic Space ClearSpace OrbitGuardians ThrustMe Dawn Aerospace Leviathan Space Industries LLC Obruta Lunar Station Corp/Advanced Lunar Intelligence Helios Asteroid Mining Corporation Ltd HEO SpaceAble WARPSPACE Kleos LeoLabs NewSpace India Limited (NSIL) ISRO - Indian Space Research Organization IN-SPACe Rathnakar Samavedam

Startups are blasting into the heavens. The last few years have seen the number of rocket launches spike as companies — especially SpaceX, founded by billionaire Elon Musk — and government agencies have put thousands of satellites into low-Earth orbit. And space backers say this is only the beginning. Today, satellites help us analyse hurricanes and wildfires, give us internet, allow us to communicate with planes and ships and — thanks to #GPS pinpointing — get us home in our Ubers and Bolts. Someday, space may be the place where we make new drugs and materials. One small wrinkle: VC money for space is harder to come by now than it was just a few years back. Median #spacetech deal sizes in Europe remain more than half the size of similar deals in the US and Asia, according to analysis from VC firm Seraphim Space, though investor appetite recovered slightly last year, following a really quiet 2022.

In the #spaceeconomy, the biggest commodity we receive from space is #bigdata about Earth 🌎 from the thousands of satellites looking down at us. Yes, eventually, it might be SBSP, zblan, pharmaceuticals, or organs, but today it's data. And all that data from #satellites 🛰 occasionally hits bottlenecks and backups at ground stations 📡. This new former Disney child star 🌟 led startup Northwood Space (that's too new for a LinkedIn page...come on, I know some #LinkedIn #space people if you need help 😎😉) wants to solve that data bottleneck problem by mass producing ground stations ready to go. As the #spaceindustry continues to grow, it means more and more data trying to travel to and from satellites. With that in mind, Northwood's approach is to build ground stations "designed with fast production and deployment flexibility first in mind." That can be delivered within days. With experience playing a 2,000+yr old vampire who dated Galileo 🔭, I'm sure with Mendler at the helm, this one of the newest space #startups will find great future success in the #5ir -GSP- MilkyWayEconomy The Space Economy

New Post: Interlune: A Stealth Startup Led by Former Blue Origin Leaders Aiming to Mine Lunar Resources Secures New Funding (TrendHub KR – Posts by ICARUS journalist) On February 3, 2024, a startup named Interlune announced it had secured $15.5 million in a new funding round, with plans to raise an additional $2 million. Having been in existence for at least three years, the company has maintained a veil of secrecy over its technology. This funding round marks the first public capital raise since a $1.85 million seed round in 2022. Company Background and Funding Context Interlune, led by former leaders of Blue Origin, targets the ambitious goal of mining resources on the Moon. The company’s Chief Technology Officer (CTO), Gary Lai, stated, "We aim to be the first company to mine natural resources on the Moon for use on Earth." Lai served as a senior architect for space transportation systems at Blue Origin for 20 years, and the team also includes space industry veteran Rob Meyerson. Meyerson held the position of president at Blue Origin for 15 years. Implications of the Funding and Future Investment Directions This funding round is a critical step for Interlune in developing technology to mine lunar resources for Earth use, contributing to the sustainability of the space economy in the long term. The company focuses on developing core technology capable of classifying lunar regolith by particle size, which could supply raw materials for oxygen extraction systems, 3D printers, and other applications on the Moon. Investment Insights and Industry Outlook Interlune's recent funding suggests it will play a significant role in the utilization of space resources. With agencies and companies, including NASA, showing interest in technologies for long-term habitation in space, innovations by startups like Interlune are expected to significantly impact future space exploration and development. Investment in space resource utilization technologies is assessed as a field with high long-term profitability and growth potential. The success of Interlune could serve as a case study in the commercial viability of resource mining and utilization technologies within the space industry, an important consideration for investors looking at the space sector, especially innovative startups. The growth of this field not only contributes to technological innovation but also supports global efforts towards building a sustainable space economy. #Interlune #LunarMining #SpaceIndustryInvestment #SustainableSpaceEconomy #SpaceResourceUtilization #SpaceExplorationTech #LunarRegolithClassification #InvestInSpaceStartups #FormerBlueOriginStartup #SpaceTechInnovation TrendHub https://lnkd.in/gbHh9Bkm

New Post: Interlune: A Stealth Startup Led by Former Blue Origin Leaders Aiming to Mine Lunar Resources Secures New Funding (TrendHub KR – Posts by ICARUS journalist) On February 3, 2024, a startup named Interlune announced it had secured $15.5 million in a new funding round, with plans to raise an additional $2 million. Having been in existence for at least three years, the company has maintained a veil of secrecy over its technology. This funding round marks the first public capital raise since a $1.85 million seed round in 2022. Company Background and Funding Context Interlune, led by former leaders of Blue Origin, targets the ambitious goal of mining resources on the Moon. The company’s Chief Technology Officer (CTO), Gary Lai, stated, "We aim to be the first company to mine natural resources on the Moon for use on Earth." Lai served as a senior architect for space transportation systems at Blue Origin for 20 years, and the team also includes space industry veteran Rob Meyerson. Meyerson held the position of president at Blue Origin for 15 years. Implications of the Funding and Future Investment Directions This funding round is a critical step for Interlune in developing technology to mine lunar resources for Earth use, contributing to the sustainability of the space economy in the long term. The company focuses on developing core technology capable of classifying lunar regolith by particle size, which could supply raw materials for oxygen extraction systems, 3D printers, and other applications on the Moon. Investment Insights and Industry Outlook Interlune's recent funding suggests it will play a significant role in the utilization of space resources. With agencies and companies, including NASA, showing interest in technologies for long-term habitation in space, innovations by startups like Interlune are expected to significantly impact future space exploration and development. Investment in space resource utilization technologies is assessed as a field with high long-term profitability and growth potential. The success of Interlune could serve as a case study in the commercial viability of resource mining and utilization technologies within the space industry, an important consideration for investors looking at the space sector, especially innovative startups. The growth of this field not only contributes to technological innovation but also supports global efforts towards building a sustainable space economy. #Interlune #LunarMining #SpaceIndustryInvestment #SustainableSpaceEconomy #SpaceResourceUtilization #SpaceExplorationTech #LunarRegolithClassification #InvestInSpaceStartups #FormerBlueOriginStartup #SpaceTechInnovation TrendHub https://lnkd.in/gU4VxGpR

🚀 China’s Orienspace Secures $83.67 Million for Rocket Development Amid Rising Satellite Launch Demand... China’s private rocket developer, Orienspace, has just announced a successful fundraising of nearly 600 million yuan ($83.67 million). This is a pivotal moment in the arena of commercial space ventures. Key Highlights: 🔹 Substantial Funding: Nearly 600 million yuan raised, signaling strong investor confidence. 🔹 Rising Demand: Aligns with the surging need for commercial satellite launches in China. 🔹 New Investors: Includes Liangxi Science and Tech Innovation Industry Fund, amongst others. 🔹Future Plans: Funds allocated for research and manufacturing of an in-house rocket engine and development of the reusable Gravity-2 rocket. 📈 Market Growth: Orienspace is part of China’s rapidly growing commercial space sector, already securing orders for several hundred satellite launches. This move by Orienspace is not just about raising funds; it's about marking a significant milestone in China's ambitious space endeavors. The company's focus on developing the Gravity-2 rocket, designed for reusability, demonstrates a clear vision for the future of space technology. Read more 👇 https://lnkd.in/eTYHRwcx #SpaceTech #Innovation #RocketDevelopment #CommercialSpace #Orienspace

Startups are blasting into the heavens. The last few years have seen the number of rocket launches spike as companies — especially SpaceX, founded by billionaire Elon Musk — and government agencies have put thousands of satellites into low-Earth orbit. And space backers say this is only the beginning. Today, satellites help us analyse hurricanes and wildfires, give us internet, allow us to communicate with planes and ships and — thanks to GPS pinpointing — get us home in our Ubers and Bolts. Someday, space may be the place where we make new drugs and materials. One small wrinkle: VC money for space is harder to come by now than it was just a few years back. Median spacetech deal sizes in Europe remain more than half the size of similar deals in the US and Asia, according to analysis from VC firm Seraphim Space, though investor appetite recovered slightly last year, following a really quiet 2022.

New Post: Interlune: A Stealth Startup Led by Former Blue Origin Leaders Aiming to Mine Lunar Resources Secures New Funding On February 3, 2024, a startup named Interlune announced it had secured $15.5 million in a new funding round, with plans to raise an additional $2 million. Having been in existence for at least three years, the company has maintained a veil of secrecy over its technology. This funding round marks the first public capital raise since a $1.85 million seed round in 2022. Company Background and Funding Context Interlune, led by former leaders of Blue Origin, targets the ambitious goal of mining resources on the Moon. The company’s Chief Technology Officer (CTO), Gary Lai, stated, "We aim to be the first company to mine natural resources on the Moon for use on Earth." Lai served as a senior architect for space transportation systems at Blue Origin for 20 years, and the team also includes space industry veteran Rob Meyerson. Meyerson held the position of president at Blue Origin for 15 years. Implications of the Funding and Future Investment Directions This funding round is a critical step for Interlune in developing technology to mine lunar resources for Earth use, contributing to the sustainability of the space economy in the long term. The company focuses on developing core technology capable of classifying lunar regolith by particle size, which could supply raw materials for oxygen extraction systems, 3D printers, and other applications on the Moon. Investment Insights and Industry Outlook Interlune's recent funding suggests it will play a significant role in the utilization of space resources. With agencies and companies, including NASA, showing interest in technologies for long-term habitation in space, innovations by startups like Interlune are expected to significantly impact future space exploration and development. Investment in space resource utilization technologies is assessed as a field with high long-term profitability and growth potential. The success of Interlune could serve as a case study in the commercial viability of resource mining and utilization technologies within the space industry, an important consideration for investors looking at the space sector, especially innovative startups. The growth of this field not only contributes to technological innovation but also supports global efforts towards building a sustainable space economy. #Interlune #LunarMining #SpaceIndustryInvestment #SustainableSpaceEconomy #SpaceResourceUtilization #SpaceExplorationTech #LunarRegolithClassification #InvestInSpaceStartups #FormerBlueOriginStartup #SpaceTechInnovation TrendHub https://lnkd.in/gbHh9Bkm