Slingshot Aerospace raises $8 million to help it broaden to new verticals beyond aerospace and defense
Austin and El Segundo-based Slingshot Aerospace was born out of a realization that while there is a huge amount of info gathered by observation technology aboard satellites, aircrafts, drones and beyond, the analytics and turnaround of said information into something actionable typically took a very long time– often important insights that would’ve been valuable in […]
Slingshot was established 3 years ago to help turn Earth and space-based observation information into something beneficial when it’s required, and now the startup has raised an$8 million Series A to grow its team and expand its focus to new markets beyond the aerospace and defense clients it presently serves. I spoke to Slingshot Aerospace co-founders David Godwin and Melanie Stricklan about their new financing, which brings the company’s overall raised overall to$17.1 million. Godwin, Slingshot’s CEO, described that initially, the start-up has actually been focused primarily on aerospace and defense consumers, which discusses the all-star early customer list of companies and public companies in that field.”In the past, the previous 2 tothree years, we have not actually had a lack of aerospace and government service,”Godwin described. Slingshot Aerospace is growing the team, having actually currently broadened to almost 30 individuals, with plans to work with more engineers in specific as part of the usage of these funds….
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