jswordy
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SpinLaunch said on Tuesday that it raised $71 million in funding during its second round of financing. The California-based company said it will use the funds to further develop an unconventional system for launching small payloads to Earth orbit.
With the Series B funding round complete, SpinLaunch has now raised a total of $150 million, according to a company press release. The startup says it’ll use the money to “continue the development and commercialization of the world’s first kinetic launch system and satellite product line, designed to provide low-cost, high-cadence, environmentally responsible space access.”
https://gizmodo.com/spinlaunch-funding-centrifuge-orbit-1849562787