Long Beach, CA – According to filings with the U.S. Securities and Exchange Commission, Spinlaunch is raising $78,934,032.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jonathan Yaney played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Spinlaunch
SpinLaunch has developed a fundamentally new way to reach space. By leveraging a ground based, kinetic launch system, we deliver constellations of small satellites into Low Earth Orbit at dramatically lower cost and higher cadence than any existing space launch company. SpinLaunch is also the first truly environmentally sustainable launch system delivering less expensive, more scalable access to space.

To learn more about Spinlaunch, visit http://spinlaunch.com/

Contact:
Jonathan Yaney, Chief Executive Officer
310-546-6644

SOURCE: http://www.intelligence360.io
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