Funding Details
- Awarder
- StartEngine
- Date Award
- April 24, 2021
- Vertical
- Renewable Electric Propulsion
- Funding URL
- View Funding Page
- Valuation
-
$10,190,000
Company Info
- Founding Year
- 2020
- Traction
- Prime Lightworks has raised $1.8M in seed funding from Y Combinator and angel investors. The Founder & CEO, Kyle Flanagan, was named to the Forbes 30 Under 30 Class of 2020 in Science.
- Organizations Involved
- SpaceX, CalTech, NASA JPL
- Founders
- Kyle Flanagan
- Company Description
- Prime Lightworks is making a fully electric spacecraft propulsion system that does not need conventional mass propellant (fuel). Their system aims to revolutionize space exploration and planetary science by eliminating the need for fuel propulsion systems using renewable solar energy.
- Market
- Space Exploration and Planetary Science
- Location
-
Torrance,
CA,
US
- Coinvestors
- Y Combinator, angel investors
Links