Orbit Fab, a UK-based provider of on-orbit refueling services and propellants, led by CEO Daniel Faber, has secured funding to accelerate the integration of its RAFTI refueling ports onto more satellites and servicing vehicles. The funds will also drive fuel sales and the deployment of fuel delivery and storage infrastructure in GEO, LEO, and VLEO orbits. The company’s Rapidly Attachable Fluid Transfer Interface (RAFTI) fueling port is being integrated into an increasing number of government and commercial spacecraft, enabling extended missions in GEO and LEO orbits. In addition, Orbit Fab has recently signed the first government and commercial fuel delivery contracts in GEO.
Renewable Energy Developer Granite Source Power Secures $40M in Funding for Battery Storage Expansion
Portsmouth-based battery storage developer, Granite Source Power (GSP), has successfully secured $40 million in Strategic Growth Capital to fuel its...