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Aerospace startup Muon Space secures $146 million in Series B funding, expanding production in San Jose, California. Its book of business grew by over $100 million in 2024, with the team doubling to over 150 employees. The company also acquired Starlight Engines to enhance propulsion technology. The new facility in San Jose will support the production of up to 500 mini-satellites per year, meeting UL 2050 security standards for lucrative contracts. Muon Space aims to provide mission-optimized satellite constellation systems at unprecedented speed, predicting a bright future for the company.

Satellite constellations have become a high-demand manufacturing niche, with thousands now in operation. Muon Space aims to compete with industry giants through a vertically integrated approach, offering faster delivery and improved mission performance. The company focuses on delivering industrial-scale alternatives for customers, unlocking greater resilience across the space value chain. CEO Jonny Dyer emphasizes the goal of delivering mission-optimized satellite constellation systems at unprecedented speed. Muon Space’s growing book of business and new contracts in 2024 signal a promising future for the startup.

Read more at Yahoo Finance: Muon Space’s $146M Investment Redefines Satellite Manufacturing