Goleta, CA – According to filings with the U.S. Securities and Exchange Commission, Launchpoint Electric Propulsion Solutions is raising $2,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Robert 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 Technologies is a Government and Defense Solutions Group specializing in advanced hybrid electric power and propulsion systems for UAVs and other unmanned systems. LaunchPoint’s hybrid electric UAV systems increase flight duration by 300% to 500% compared to battery only UAV systems.      

To learn more about Launchpoint Electric Propulsion Solutions, visit http://www.launchpnt.com/

Contact:
Robert Reali, Chief Executive Officer
805-708-3277
rreali@launchpnt.com
https://www.linkedin.com/in/robert-reali/

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