Tag: Space Propulsion
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Antares Wins $161 Million Space Force Award to Advance Orbital Nuclear Reactor
Antares has received a $161 million Strategic Breakthrough award to conduct a ground demonstration of its R1-S nuclear reactor and integrate the system with a spacecraft for flight certification, the company announced September 11. The award, issued through the Office of the Assistant Secretary of the Air Force for Space Acquisition and Integration, moves Antares…
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Juno Propulsion Raises $1.4 Million to Advance Rotating Detonation Engine for Spaceflight Demonstration
Juno Propulsion has secured $1.4 million in pre-seed funding to support the development of its first flight-ready rotating detonation engine (RDE), known as Project Iris, ahead of a planned in-orbit demonstration mission in 2027. The investment round was led by SOSV, with participation from Hypernova, Leslie Ventures, Activate, Collab Fund, Safar Partners, and Cape Fear…