Astrobotic Technology

AerospaceSeedPittsburgh, USastrobotic.com

Latest round

Seed

Last raised

May 2016

Total raised

$2.5M

Investors

1

About Astrobotic Technology

Astrobotic Technology, Inc.Founded in 2007, Astrobotic Technology, Inc. specializes in lunar exploration, providing innovative space solutions. Headquartered in Pittsburgh, US, the company has undergone strategic pivots to focus on lunar missions. The CEO is John Thornton.Astrobotic Technology specializes in lunar exploration and advanced space technology, offering services that include payload transportation and scientific exploration on the Moon. Their flagship products include the Griffin lander, which has a carrying capacity five times that of its predecessor, the Peregrine model, and CubeRovers that are lightweight lunar vehicles designed for various scientific instruments and experiments.Astrobotic Technology generates revenue through direct transactions with clients, focusing on partnerships with government space agencies, research institutions, and commercial enterprises. Revenue is derived from missions that transport payloads to the lunar surface, with clients paying for their instruments and technology housed in Astrobotic's MoonBox capsules. The Griffin lander and CubeRovers are central to this model, providing low-cost opportunities for testing and validation of space technologies.5 mn from the National Aeronautics and Space Administration to enhance its lunar exploration capabilities. The company is focused on launching new products, including upgrades to their Griffin lander and expanding their CubeRover offerings. Furthermore, they are targeting expansion into new international markets, particularly those engaged in lunar exploration and research, in line with their strategic objectives set for the next few years.

Who invested in Astrobotic Technology

1 investor across 2 rounds

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Funding rounds

  1. Seed

    May 11, 2016

    Amount

    $2.5M

    Investors

    Locked

  2. Seed

    Jun 1, 2009

    Amount

    Undisclosed

    Investors

    Locked

Questions about Astrobotic Technology

Who invested in Astrobotic Technology?

Astrobotic Technology has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Astrobotic Technology raised?

Astrobotic Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Astrobotic Technology last raise money?

Astrobotic Technology's most recent round on record is a Seed, in May 2016.

What does Astrobotic Technology do?

Astrobotic Technology is a aerospace company.

Where is Astrobotic Technology headquartered?

Astrobotic Technology is headquartered in Pittsburgh, US.

Which VCs invest in companies like Astrobotic Technology?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back aerospace companies at Astrobotic Technology's stage. Their profiles are linked below.

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