Moonshot Space Raises $12M for Electromagnetic Launch

After operating in secrecy for over 18 months, Moonshot Space is developing technology to propel objects to hypersonic speeds using electromagnetic force. The company has secured $12 million in funding, led by Angular Ventures, and includes a grant from the Israel Innovation Authority. The team includes experts from the Israeli aerospace and defense sectors, aiming to lower costs for in-space servicing and manufacturing.