# Vestigo Aerospace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vestigo-aerospace

- Industry: Aerospace
- Headquarters: US
- Website: http://www.vestigoaerospace.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Aug 15, 2022)
- Investors on record: 1

## About

Based in California, US, and founded in 2019, Vestigo Aerospace, Inc. provides dragsail technology for deorbiting space vehicles and satellites. The company was founded by David Spencer (CEO). In August 2022, Vestigo Aerospace received USD 375,000 in grants from returning investor National Aeronautics and Space Administration.

The company offers scalable dragsail technology which helps in deorbiting expired space vehicles and satellites. The firm technology provides deorbit capability for CubeSats, small satellites, and launch vehicle stages and hence advances the sustainability of the orbit environment. Additionally, the company provides deorbit duration calculator which estimates the timing of a satellite for deorbiting. 

The company plans to use the August 2022 grant to establish the commercial manufacturing process for its product line.

## Funding rounds

- Seed, Aug 15, 2022, $0.4M — Manhattan West Asset Management

## Investors

- Manhattan West Asset Management (https://capitalatlas.ai/funds/manhattan-west-asset-management) — Seed