U.S. accelerator Starburst Aerospace plans to raise a $50 million fund this year to invest in space startups, CEO Francois Chopard told SpaceNews in an interview.
Starburst Aerospace announced 14 startups and one consortium invited to share proposals for addressing important space-related challenges facing the United States and the United Kingdom at International Space Pitch Day, an event to be held in November at the virtual Defence Space Conference 2020.
U.S. and U.K. defense agencies plan to award $1 million to startups at the first International Space Pitch Day in November during the Defence Space Conference in London.
The Techstars Starburst Space Accelerator and Techstars Allied Space Accelerator announced the names June 8 of companies selected to participate in their 2020 classes.
Starburst Aerospace and Techstars announced plans Feb. 12 to begin accepting applications for a new space-focused accelerator based in Los Angeles and backed by the U.S. Air Force, NASA’s Jet Propulsion Laboratory, Lockheed Martin, Maxar Technologies, SAIC and Israel Aerospace Industries.