Aphelion Aerospace Secures Mercury Group and Founding Advisors Investment – Parabolic Arc

0

DENVER (Aphelion Aerospace PR) — Denver, Colorado, USA-based Aphelion Aerospace is the one-stop-shop for low-cost small satellite assembly and integration and on-demand launch operations from virtually anywhere in the world. world. Aphelion announced today that it has received significant investments from strategic investors, including Mercury Group of North Carolina and Founder Advisors of Colorado. These investments represent the first of several beginning to materialize as part of Aphelion’s Seed series that the company is running alongside its crowdfunding campaign on StartEngine.

Aphelion CEO Miguel Ayala and CTO Matthew Travis say the investments will help them continue development of their suborbital launch vehicle technology demonstrator. They plan to perform low-altitude suborbital demonstration launches by the end of the year to prove their non-toxic, non-cryogenic green propulsion technology in flight.

Based on the caliber and experience of Aphelion Aerospace announced former Program Director Edward Mango, their Board Advisors and early investors, it is clear that the Aphelion team is positioned to become a major player in the space industry. Last year, members of NASA’s commercial crew transportation program joined their advisory board. Mr. Mango is one of the key people behind SpaceX’s success on the NASA side. Aphelion also announced that Kevin Rice, former director of business management at NASA Jet Propulsion Laboratory and Lockheed Martin Skunk Works has joined their advisory board. Mr. Rice practically wrote the book on corporate management for NASA. Additionally, Aphelion Aerospace announced that Geoff Brim, former vice president of product management at Deutsche Telekom, has joined its advisory board. Mr. Brim was the digital transformation, data science, artificial intelligence technologies and robotics evangelist at Deutsche Telekom.

Now here are the first visionary investors of Aphelion. Ben West of Mercury Group is a veteran of the United States Air Force. Before his many years in the world of investment and finance, he was an F117A and F16 crew chief. Thanks to this experience, he knew very well that military fighter planes use hydrazine in their emergency generators. He had intimate knowledge of working with hydrazine which is extremely toxic and therefore expensive and slow to process. He also knew that other uses of hydrazine include spacecraft propulsion. Learning that Aphelion had developed propulsion technology that could essentially replace anything powered by hydrazine was like music to his ears. Therefore, he feels excited to support Aphelion with an early investment and plans to continue supporting Aphelion throughout the journey to bring this new technology to market.

The Founder Advisors team, which in addition to investing in Aphelion provides management advisory services, is made up of former entrepreneurs and executives from the aerospace and technology industry. Some are U.S. Navy veterans who have spent years developing launch vehicles at companies such as Lockheed Martin. These guys really understand and appreciate the business model that Aphelion Aerospace is structuring for bundled small satellite integration and launch services.

For more information on Aphelion Aerospace, please visit: https://aphelionaerospace.com

Share.

Comments are closed.