South Korea’s Nara Space Technology Raises $14.5 Million

Nara Space Technology, a manufacturer of small satellites, has raised a total of $24.3 million from investors.

Credit: NicoElNino/Alamy Stock Photo
Nara Space Technology, a South Korean manufacturer of small satellites, announced on May 31 that it had raised $14.5 million in a Series B fundraising that included participation from Samsung Securities and the Korea Development Bank, bringing its total raised to $24.3 million. It plans to use part...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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