Tag: Lavrock Ventures
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Morpheus Space Secures $15 Million to Scale Satellite Propulsion Production
German space technology company Morpheus Space has raised $15 million in new funding to expand production of its in-space electric propulsion systems, as demand grows for maneuverable satellites in increasingly crowded orbits. The investment, announced Thursday, comes from Alpine Space Ventures, the European Investment Fund and other backers. Morpheus Space said the funds will be…