Aerospace primes Northrop, Lockheed join in Orbit Fab’s over $10M funding round [TechCrunch Blog]
Northrop Grumman Corporation (NOC)
Last northrop grumman corporation earnings: 4/29 06:39 am
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Source: TechCrunch Blog
San Francisco-based startupOrbit FabThe round was led by Asymmetry Ventures, with participation from existing investor SpaceFund and new investors Marubeni Ventures and Audacious Venture Partners. Notably, both Northrop Grumman Corporation and Lockheed Martin Ventures also participated, the first time the two contractor-rivals have done an investment together, Orbit Fab co-founder Jeremy Schiel told TechCrunch.As launch market matures, space opportunities on the ground take off“We are the tide that raises all boats,” Schiel said. “We don’t give either a competitive edge, but we can as a whole have better alternatives for sustainability in space.”“Getting [the two primes] to play nice with each other,” as he put it, is key for the company, which wants to position itself as the favored source for space refueling. Orbit Fab, which was afinalist in our TechCrunch Disrupt BattlefieldThe idea is that spacecraft outfitted with RAFTI would be able to dock with one of Orbit Fab’s refueling shu
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NOC
Earnings
- 4/25/24 - Beat
NOC
Sec Filings
- 5/8/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- NOC's page on the SEC website