Spaceflight Industries is on a new funding round.

According to data from the Securities and Exchange Commission (SEC), the company raised $39.5 million of the planned $40 million. SpaceFlight has not yet commented on the funding. In 2018, the company raised $150 million in the C Series round, which included the formation of a joint venture called LeoStella in collaboration with Thales Alenia Space to build small satellites. [GeekWire]

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What is CubeSat

A CubeSat is a type of miniaturized satellite for space research that is made up of multiples of 10 cm × 10 cm × 11.35 cm cubic units. CubeSats have a mass of no more than 1.33 kilograms per unit, and often use commercial off-the-shelf (COTS) components for their electronics and structure. CubeSats are commonly put in orbit by deployers on the International Space Station, or launched as secondary payloads on a launch vehicle. Over 1000 CubeSats have been launched as of January 2019. Over 900 have been successfully deployed in orbit and over 80 have been destroyed in launch…

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