Prime Lightworks (Seed)
Funding Details
Awarder
StartEngine
Date Award
April 24, 2021
Vertical
Renewable Electric Propulsion
Funding URL
View Funding Page
Valuation
$10,190,000
Funding Amount
$1,070,000
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
Market
Space Exploration and Planetary Science
Location
Torrance, CA, US
Coinvestors
Y Combinator, angel investors
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.

Links
Website
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