SpinLaunch completes a new round of payload launches into space • CableFree TV

Published by
Peter Kavinsky

SpinLaunchThe technique of sending a payload into orbit, using centrifugal force to eject mass into space, has caused a fair amount of skeptics. But at least some of those naysayers have probably calmed down a bit today as the company announced a major new round of funding to accelerate the commercialization of its kinetic launch system.

The company’s latest funding round is $71 million, including equity and debt, bringing SpinLaunch’s total funding to $150 million. The Series B round was hosted by ATW Partners and includes Kleiner Perkins, GV, ATMA Capital, ONA Capital, Lauder Partners, McKinley Capital, Tyche Partners, as well as John Doerr, Brook Byers, Asher Delug, Chuck Brady, Andrew Farkas. and Greg McAdoo.

SpinLaunch wants to completely change how we move things into space. TechCrunch first considered this idea back in 2018.when the company came out of invisibility. The launch system works like this: Instead of using a conventional rocket to launch objects vertically into orbit, SpinLaunch wants to use an aerodynamic launcher attached to a rotating arm in a large vacuum chamber. This arm will spin faster and faster until it shoots the car into space at about 5,000 miles per hour.

The company has already conducted test launches using a 33m system it calls a “sub-orbital mass booster” during which they launched payloads north of 1,000 mph at almost 30,000 feet – and they made an agreement with NASA for further testing.

“We have completed nine successful flight tests to date, eliminating technical risk as we prepare to build our full-scale orbital launch system,” said CEO Jonathan Jani. This full scale system is expected to be three times as powerful as a suborbital mass accelerator. SpinLaunch is also developing a mass-produced line of satellite products, presumably those that are sufficiently g-protected to withstand the incredible g-forces likely to be generated during launch.

The company said it has set a goal of putting satellites into orbit with its system by 2026. Although all testing was conducted at Spaceport America in New Mexico, the company is in the final selection of its first orbital launch site.

Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

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