UK startup NewOrbit raises $18. 5 million in Series A round.
5 million in Series A round SAN FRANCISCO – NewOrbit Space, a UK startup developing satellites for very low Earth orbit (VLEO), has raised $18.
With the funding, announced June 8, NewOrbit will conduct its first mission, attract customers seeking access to VLEO and establish a facility to produce affordable satellites, Anatolii Papulov, NewOrbit CEO and co-founder, told SpaceNews.
