Goleta California based Launchpoint Electric Propulsion Solutions is raising $4,000,000.00 in New Equity Investment.
Goleta, CA – According to filings with the U.S. Securities and Exchange Commission, Launchpoint Electric Propulsion Solutions is raising $4,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Rob Reali 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 Launchpoint Electric Propulsion Solutions
LaunchPoint Electric Propulsion Solutions, Inc. (LaunchPoint) designs and manufactures high specific power electric machines and controller solutions for the aerospace and defense, thermal management, power generation, and Advanced Air Mobility markets. With over a decade of experience in the custom design and engineering of electric machines and hybrid-electric propulsion systems, our team is recognized as world experts in electric propulsion technology. Our extended flight solutions are scalable and serve air and ground platforms.
To learn more about Launchpoint Electric Propulsion Solutions, visit http://www.launchpnt.com/
Contact:
Rob Reali, Chief Executive Officer
805-708-3277
https://www.linkedin.com/in/robert-reali/
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