AGILE Space Industries, a leading supplier of propulsion services for spaceflight objectives has actually won the Greater Colorado Pitch Series Investment Competition, with a tremendous $ 1.8 million endeavor financial obligation dedication from Greenline Ventures of Denver.
A State-wide competitors with over 100 candidate business taking part in a variety of financial investment classifications, the Greater Colorado Pitch Series will eventually provide 2.15 million dollars to Colorado-based business in different markets, phases of development, and rural Colorado neighborhoods. AGILE takes the leading area for the growth-stage financial obligation capital track. Initially headlined as a $ 1m endeavor financial obligation award, Greenline broadened the award to $ 1.8 m based upon AGILE’s market traction, current consumer wins and skilled management group.
” AGILE is bringing high-value tasks, earnings, and financial diversity to Durango’s economy, and shows that market-leading innovation business can grow on the Western Slope,” stated Jamie Finney, a partner at Greater Colorado Venture Fund and occasion organizer.
” This is a fantastic win for AGILE, for our investors, and for our clients,” included Jeffrey Max, co-founder, and Chairman of AGILE Space Industries. “We’re pleased that the group at Greenline made the effort to comprehend our company, almost doubling the size of the award. This capital will assist finance our continuous development as we continue to supply NASA, the Defense market, and industrial area operators with the greatest carrying out and least expensive priced propulsion options offered –– for earth-orbiting satellites, lunar landers, and deep-space objectives.”
With a brand-new head office center at 1514 Main Avenue in Durango, a rocket engine test center surrounding to the Durango Airport, and producing centers in Durango and Pittsburgh, PA, AGILE is a leader in the style, screening, and production of aerospace propulsion systems. AGILE will continue to utilize cutting edge test centers and leading-edge 3D printing innovation, utilizing refractory alloys and unique metals to leader the future of the propulsion market.
About AGILE Space Industries
Founded in 2009, AGILE Space Industries supplies mission-optimized propulsion services on quick area timelines by carefully coupling fast prototyping with diagnostic screening and analysis. Based in Durango, CO, AGILE is the group of propulsion specialists consistently relied on by NASA, the DoD, and their prime professionals when carrying out sophisticated propulsion innovation advancements. To learn more, go to https://www.agilespaceindustries.com/
The post AGILE Space Industries Secures $1.8 m, Wins Greater Colorado Pitch Series Investment Competition appeared initially on CEO Magazine .
.
Read more: ceo-mag.com
