Outpost Raises $7.1M Seed Round To Develop Reusable Satellites For Earth Return Service
08/30/22, 2:01 PM
Location
austinMoney raised
$7.1 million
Industry
logistics
transportation
Round Type
seed
Outpost Technologies Corporation (“Outpost”), the sustainable space company, announced the closing of a $7.1M Series Seed round. During a bearish fundraising environment, this round was oversubscribed, demonstrating Outpost’s visionary approach to disrupting the satellite market. The company has developed, and flight tested a novel re-entry method that enables satellites to safely return to Earth with precision landing. This technology not only makes single-use satellites obsolete, but also enables the broader aerospace market to attain dedicated payload return to Earth
Company Info
Location
austin, texas, united states
Additional Info
Outpost is a leading network of truck parking and fleet yard facilities with more than 20 locations and 10,000 spaces. We help asset carriers, private fleets, and owner-operators use truck parking as a flexible part of their transportation infrastructure without the need for major capital investments. Our network of yards provides trucking fleets with secure locations for their drivers and cargo, hassle-free access to each location, consistent billing, and visibility into their assets and reservations.