I've met this team, been to their office and done a deep dive on what they are doing. They will 100% sell high value space mined materials into earth markets at a profit and be a multi-billion dollar company.
I do wonder why they chose Stoke Space as their launch provider given the founders come from SpaceX and Falcon rockets have a track record.
My first though is that investors are playing some game with investment going to revenues of another portfolio company. How common is this?
Overlapping Investors:
- 776
- Y Combinator
- Initialized Capital
- Caladan Ventures