A Silicon Valley hardware startup with an ambitious plan to slash the cost of space access has just secured its initial capital. Longshot Space Technologies Corporation announced it has closed a $5.0M seed funding round, bringing fresh investment to its work in hypersonics.
The company's immediate goal is to lower the cost of hypersonic development. Looking further ahead, Longshot aims to dramatically reduce the expense of space launch, a move that could fundamentally alter the economics of getting payloads into orbit and beyond.
