XCOR Aerospace Receives $5,000,000 New Funding
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4c866eb-9416-44d7-8b0c-7227516bfacb&Preview=1 -
Date
2/27/2012 -
Company Name
XCOR Aerospace -
Mailing Address
PO Box 1163 Mojave, CA 93502 -
Company Description
Founded in 1999, XCOR Aerospace is a small, privately-held California C-Corporation. Our headquarters and development facilities are located at the Mojave Spaceport and Civilian Aerospace Test Center in Mojave, California. XCOR engages in research, development, and production of reusable rocket-powered, horizontal launch vehicles for suborbital, and ultimately, orbital travel. -
Website
http://www.xcor.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The round, combined with cash on hand plus anticipated and existing contracts, should fund the company through production of its Lynx Mark I Suborbital vehicle. -
M&A Terms
-
Venture Investor
Individual Investor -
Venture Investor
Undisclosed
