✉news ScienceSpace Policy first seen 10 h ago, last 3 h ago, peak #27
Australian space start-up MP Space raises A$23 million seed round
Original: Australian space power start-up MP Space secures A$23 million in seed funding
Australian space power start-up MP Space has secured A$23 million in seed funding. The raise makes it one of the more notable early-stage space financing deals in Australia and signals growing investor interest in the country's space and defence technology sector. Details on the investors and the company's specific technology plans have not yet been broadly reported.
Why now: It is a significant early-stage funding round in Australia's emerging space and defence technology sector.
Evidence
- Australian space power start-up MP Space secures A$23 million in seed funding · Asia Pacific Defence Reporter
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