New Zealand VC Firm Movac Invests in Dawn Aerospace
Movac makes investment into Dawn Aerospace. Left to Right: James Powell (Dawn Aerospace), Mark Stuart (Movac), Stefan Powell (Dawn Aerospace). Photo: Dawn Aerospace One of New Zealand’s largest venture capital companies is making an investment into a space transportation company. Movac has announced that it investing in Dawn Aerospace, a company that is creating next-generation space transportation technologies. This investment will be used to scale the production of Dawn’s in-space propulsion products, and to progress Dawn’s Mk-II, a suborbital plane that utilizes rocket engines, to ...
Source: satellitetoday.com