Panel Urges Government, Industry Action to Improve Battered Space Supply Chain

by Douglas Messier
Managing Editor

LONG BEACH, Calif. — The question of how to strengthen the U.S. space industry’s weakened supply chain, which has been battered over the past two years by the global COVID-19 pandemic, was the subject of a panel discussion at the Space Tech Expo last week. The answers boiled down to the Pentagon adopting an agile approach to developing and acquiring technology, and reversing a decades-old trend by industry of outsourcing manufacturing abroad.

(more…)

This Week on The Space Show

This week on The Space Show with Dr. David Livingston:

Tuesday, May 17 — 7 PM PDT (9 PM CDT; 10 PM EDT): We welcome back JAMES BURK of the Mars Society.

Wednesday, May 18 — Hotel Mars pre-recorded. See the Upcoming Show Menu at www.thespaceshow.com for details.

Friday, May 20 — 9:30-11 AM PDT; 11:30 AM- 1 PM CDT; 12:30-2 PM EDT: We talk with Jenna and Jordan from Embedded Ventures (www.embedded.ventures)

Sunday, May 22 — 12-1:30 PM PDT, (3-4:30 PM EDT, 2-3:30 PM CDT): We welcome BioHarvest to the program with a discussion with their CEO Ilan Sobel. This is a plant cell growth company. They recently announced space experiments growing cannabis in space.

Draper Associates & ATX Venture Partners Lead Slingshot Aerospace’s Oversubscribed $25 Million Series A-1 Funding Round

AUSTIN, Texas/EL SEGUNDO, Calif., March 10, 2022 (Slingshot Aerospace PR) — Slingshot Aerospace, Inc., a company building world-class space simulation and analytics products to accelerate space sustainability, announced today that it has raised $25 million in Series A-1 funds. The new money is in addition to the $9.6 million Series A funds raised in October 2020, bringing the total raised for the A and A-1 rounds to $34.6 million to date.

The oversubscribed A-1 round was co-led by Draper Associates, the global venture capital firm of prominent Silicon Valley venture capitalist Tim Draper, and ATX Venture Partners. Additional participation in the round included Edison Partners, Embedded Ventures, Valor Equity Partners, Lockheed Martin Ventures, and more. Participation from previous investors also included Revolution’s Rise of the Rest Fund, Okapi Venture Capital and others. Since inception in July 2017, Slingshot Aerospace has raised $42 million in funding. 

(more…)

Embedded Ventures Announces ‘First of its Kind’ Cooperative Research and Development Agreement with United States Space Force

MALIBU, Calif., Oct. 13, 2021 (Embedded Ventures PR) — Embedded Ventures, a new venture capital firm investing in dual-use space startups beyond launch, today announced an unprecedented multi-year agreement with United States Space Force (USSF)’s SpaceWERX office. SpaceWERX is expanding the space industrial base by forming collaborative research agreements between the military’s operational experts and the top innovators in industry and academia, leveraging commercial investment, and rapidly pursuing new space technologies, while setting ambitious goals since its creation.

(more…)