SpinLaunch, a Lengthy Seaside, CA-based area options firm, acquired a $12M funding from Kongsberg.
The corporate intends to make use of the funds to to help the event and commercialization of the constellation.
Based in 2014 and led by CEO David Wrenn, SpinLaunch is an area know-how firm leveraging a brand new method to area launch by way of a collection of flight checks with its 33-meter Suborbital Accelerator. In 2025, it commercialized Meridian Area, a differentiated LEO satellite tv for pc constellation.
The partnership prolonged to Kongsberg NanoAvionics (KNA), which SpinLaunch has chosen because the unique satellite tv for pc provider for the preliminary deployment of 280 satellites. Leveraging its flight heritage and manufacturing capabilities, NanoAvionics will play a vital position in enabling Meridian’s phased deployment plan, with growth of the in-orbit demonstrator (IOD) – deliberate for 2026 – already underway.
FinSMEs
04/04/2025
