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by dr_orpheus 720 days 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

1 comments

You 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