Agile Space Industries secures $13 million in funding for expansion.
Agile Space Industries has raised $13m in a seed funding round led by Caruso Ventures, with participation from Lockheed Martin Ventures, Greater Colorado Venture Fund, CORI Innovation Fund and Greenline Ventures. The Colorado-based company plans to use the funds to expand its metal additive manufacturing and chemical propulsion testing infrastructure, as well as accelerate product development activities. Agile is supplying thrusters for robotic lunar landers being built by Astrobotic Technology and Japan’s ispace, and has established diversification between national security, civil and commercial space with some great opportunities for recurring business.