Page 11 - Shift Aerospace News Today

BluShift Aerospace opens $1 million crowdfunding campaign, starts building next rocket The Brunswick-based rocket company successfully launched its first rocket back in January. Courtesy of bluShift Aerospace Brunswick-based rocket company bluShift Aerospace recently launched a crowdfunding campaign with a goal of just over $1 million. As of Sunday, the company had raised $278,000 of the $300,000 goal in the initial family and friends round. BluShift, which operates out of Brunswick Landing, m...

Read Article LEWISTON — “Do You Know Why Maine is a Great Place to Launch a Rocket?” is the University of Southern Maine Lewiston-Auburn Senior College’s April Food for Thought program. Sascha Deri, founder and CEO of bluShift Aerospace in Brunswick, will explain the advantages to launching a rocket from Maine, and the many uses for small satellites in space. This presentation will be shown at 4 p.m. Friday April 16, on Zoom. Sascha Deri Contributed photo Deri’s company is not only...

bluShift Aerospaces Stardust 1.0 rocket, launched in Feb. 2021. Maine rocket company bluShift Aerospace says it has raised more than $200,000 in the first phase of a crowd-sourcing campaign. Company founder and chief executive Sascha Deri says positive reaction to the companys first launch last January convinced him to avoid big venture capital donors, for now. "The fundamental reason why we really like this concept of crowd equity funding is that it really allows us to keep this company in Mai...

In keeping with its nature as an innovative company in the “New Space” industry, Brunswick manufacturer bluShift Aerospace is opting away from conventional venture capital and angel investment for its next round of capital. Instead, the startup is turning to "crowd equity funding," which takes crowdfunding to the next level by allowing small investors to take a small equity stake in the company. BluShift set its first goal to raise $1.07 million this way. The company will use the funds to ...

Image: SpaceX Today, the aerospace industry is going through a boom in small satellite launches. Increased demand for small satellites has led to a boom in building small launchers to place spacecraft into calculated orbits. Plenty of companies across the globe are developing new rocket launch technologies and attracting both government and private funds. Will the small rocket companies be profitable in the long run? Top companies developing small rockets  A Scottish compa...

BluShift’s Aerospace’s successful launch on Jan. 31 not only put the Loring Commerce Centre on the map as a viable spot for vertical and horizontal rocket launches, but likely helped with efforts to establish a statewide spaceport complex.

Recent advances in entrepreneurship and training in the fields of science, technology, engineering and mathematics, or STEM, are bringing new career opportunities to Maine. But some people worry that a persistent gap in the workforce prevents the states burgeoning STEM industries from finding the talent they need. That was the subject taken on by a panel of STEM experts in a webinar this week, “The Future of STEM Jobs and Innovation in Maine.” It was hosted by the Maine State Chamber of Com...

COVID-19 Analysis  The COVID-19 outbreak has turned the world upside down. It has impacted the worldwide economy and also cast its shadow on different industries, which also includes the biofuels market. This industry has been hit hard due to the sharp decline in the demand for fuel across the country, with residents following the federal, state, and local guidance to minimize travel and practice social distancing. Lockdown measures have resulted in a contraction in demand for transport fuels ...

The small crew of about eight at bluShift Aerospace made world history when their proprietary, non-toxic, bio-derived, carbon-neutral fuel launched a rocket a mile into the sky on Jan. 31 at the former Loring Air Force Base.

Cheaper Bio-Fuel Based Commercial Rocket Takes Its First Flight ALSO READ Despite two false starts and unwelcoming outdoor weather, the Brunswick-based startup bluShift Aerospace launched its first rocket prototype, called Stardust 1.0, on 31st January. It lifted off Sunday afternoon from a snow-covered runway at the Loring Commerce Center in Limestone, Maine. “It landed right where we were hoping for and where we were planning for. It couldn’t have been better than that”, bluShift CEO Sa...