Louisville-based aerospace manufacturer Sierra Space Corp. this month launched Sierra Space Ventures, a venture capital arm.
The new division “will focus on companies working to make the next breakthroughs in human health, computing systems, telecommunications and clean energy that can be further accelerated through access to Sierra Space’s research facilities in orbit. Terrestrial Low (LEO),” the company said. in a press release.
Matthew Mejía has been appointed director of strategy and development to oversee Sierra Space Ventures.
“Sierra Space plays an important role in promoting humanity’s presence in space, and we hope
transport infrastructure and destinations to start their own studies in LEO and help
to enable wider access to the vast potential that space offers,” Mejía said in the statement. “Through Sierra Space Ventures, we can provide potential innovators with access to our space.
Position them for success as they mature their abilities and pursue capital arrangements. ”
Sierra Space has two main aerospace projects: the Dream Chaser spacecraft, which is expected to be used to resupply the International Space Station starting next year; and the Large Integrated Flexible Environments (LIFE), a modular three-level business, commercial, and scientific habitat platform.
“As a fully integrated space technology and business platform in space, our company has a unique ability to drive the commercial space economy,” said Tom, CEO of Sierra Space.
The deputy said in the statement. “Sierra Space Ventures is the perfect complement to the pioneering work we do every day that will benefit humanity for decades and centuries to come. Space as a new destination to explore and learn about.
Summary of news:
- Sierra Space launches venture capital firm
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