Credit: SpinLaunch Inc.

 

Albuquerque Business First has reported that SpinLaunch is to break ground on a new Spaceport America facility in New Mexico.

The idea behind SpinLaunch is to provide the world’s lowest-cost orbital launch service for the rapidly growing small satellite industry.

 

Kinetic energy

To do so, SpinLaunch is creating a system that accelerates the launch vehicle to hypersonic speeds using ground-based electricity. Applying the initial performance boost from a terrestrial-based launch platform enables the group to lower the cost by orders of magnitude and launch many times per day.

From years ago, an artist’s concept for a full scale “Slingatron.” Credit: Nextbigfuture

As reported earlier by Albuquerque Business First, SpinLaunch was founded in 2015 and is gunning to create a kinetic energy launch system not dependent on fossil fuels. The technology would spin spacecraft at high speeds on the ground and use that energy to catapult them into the atmosphere.

The new Albuquerque Business First story regarding SpinLaunch facility building is based on a media advisory from the New Mexico Spaceport

Space startup

SpinLaunch Inc., a Silicon Valley startup, announced last June the closing of a $35 million Series A funding round with a group of investors, including Airbus Ventures, GV (formerly Google Ventures), and Kleiner Perkins. This collective joins institutional investors including Lauder Partners, ATW Partners, Bolt, and Starlight Ventures to total $40M.

Investment funds will be used to scale the team and technology, through first launch by 2022.

Aerial view of New Mexico’s Spaceport America.
Credit: Spaceport America

Groundbreaking ceremony

A SpinLaunch groundbreaking of its future test facility at Spaceport America is slated for May 7, 2019, according to a SpinLaunch press statement.

Dan Hicks, CEO, Spaceport America, will welcome SpinLaunch to the Spaceport as the newest member of the family of innovators at the New Mexico test site.

In January, Spaceport America announced a new lease agreement with SpinLaunch that will facilitate a new program of testing for the innovative new space company.

Spaceport America is the first purpose-built commercial spaceport in the world. The FAA-licensed launch complex, situated on 18,000 acres adjacent to the U.S. Army White Sands Missile Range in southern New Mexico, has a rocket friendly environment of 6,000 square miles of restricted airspace, low population density, a 12,000-foot spaceway, and 340 days of sunshine and low humidity.

For more information regarding SpinLaunch, go to:

http://www.spinlaunch.com/

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