Tag: NewOrbit
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NewOrbit Raises $18.5 Million to Commercialize Very Low Earth Orbit Satellite Operations
European satellite manufacturer NewOrbit has closed an oversubscribed $18.5 million Series A funding round to accelerate the commercialization of very low Earth orbit (VLEO), a region of space that has historically been considered too challenging for long-term commercial operations. The funding round was led by Voyager Ventures and included participation from several new and existing…