DENVER (Aphelion Aerospace PR) — Aphelion Aerospace, based in Denver, Colorado, USA, is establishing itself as the one-stop-shop for low-cost small satellite assembly and integration, and on-demand launch operations from practically anywhere around the world. Aphelion announced today that it has received significant investment from strategic investors including The Mercury Group of North Carolina and Founder Advisors of Colorado. These investments represent the first of several that are starting to materialize as part of Aphelion’s Series Seed which the company is running in parallel with their equity crowdfunding campaign on StartEngine.
Aphelion CEO Miguel Ayala and CTO Matthew Travis indicate that these investments will help them continue pushing forward with the development of their suborbital launch vehicle technology demonstrator. They plan to conduct low-altitude suborbital demonstration launches by the end of the year to prove out their green non-toxic, non-cryogenic propulsion technology in flight.(more…)