Masten Space Systems
closedDate | Investors | Amount | Round |
---|---|---|---|
N/A | $150k | Series A | |
N/A | $300k | Series A | |
N/A | $700k | Series A | |
N/A | $1.2m | Grant | |
N/A | $2.1m | Series B | |
N/A | N/A | Angel | |
* | N/A | Grant | |
N/A | Secondary | ||
* | $4.5m Valuation: $4.5m | Acquisition | |
Total Funding | AUD6.8m |
Recent News about Masten Space Systems
EditMasten Space Systems is a pioneering company in the space infrastructure sector, specializing in enabling sustainable access and utilization of extraterrestrial environments such as the Moon and Mars. The company offers reusable, vertical takeoff and vertical landing (VTVL) vehicles that provide a reliable flight test environment for validating emerging space technologies. These services are crucial for both commercial customers and government agencies looking to retire risk and mature their technology through terrestrial rocket testbeds. Masten's business model revolves around providing payload delivery services for lunar missions, with NASA as an anchor customer for their 2023 mission to the lunar south pole. The company generates revenue by offering payload space on their lunar landers, which can support hundreds of kilograms of payload capacity. By leveraging their extensive experience with over 600 successful rocket-powered landings, Masten ensures that their customers' payloads are delivered precisely where they need to be. The market for Masten's services includes commercial space enterprises and governmental space agencies aiming to advance their technological capabilities and achieve successful extraterrestrial missions.
Keywords: space infrastructure, lunar missions, reusable landers, VTVL vehicles, payload delivery, terrestrial testing, risk retirement, NASA, commercial space, technology validation.