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A lot of the time the path looks like this: 1. Initial VC funding for your cool idea to carry you to something (analysis, initial demo) you can feasibly sell t
by dr_orpheus 2y ago
A lot of the time the path looks like this:
1. Initial VC funding for your cool idea to carry you to something (analysis, initial demo) you can feasibly sell to get to a more formal demonstration
2. Science and Technology government org funding for a demonstration (DARPA, SBIRS, SpaceWerx, NASA ventures, FFRDC lab, etc.)
3. Large government funding (NASA, Space Force, etc.) for full product delivery or buying enough data to keep funding further build-out
- dr_orpheus 2y agoYou can see some of that path on their website 2022: Announced $20m in VC funding, April 2024: SpaceWERX contract for $1.7M, June 2024: Starting to work agreements with NASA So they are currently on step 2