Muon Space, a satellite startup, raises $250 million in new funding to expand its small-satellite business. Bloomberg reports that the round includes investment from Alphabet’s Google and Salesforce Ventures. The company has already launched 11 satellites into orbit and opened a manufacturing facility in California, according to Bloomberg.
SpaceNews adds that the funding is intended to ramp up satellite production and support the company’s move toward larger, more capable spacecraft and satellite constellations. While the outlets agree on the size of the round and the scaling goal, they differ mainly in emphasis: Bloomberg highlights the specific backers and the company’s manufacturing footprint, while SpaceNews focuses more on the intended technical and program expansion enabled by the capital.
