Space Tug Developer Exotrail Raises $58 Million

Exotrail is pitching its space tug as a faster way to deploy satellite constellations.

Credit: Exotrail
Spacetug developer Exotrail of France has raised a $58 million Series B round. The company plans to use the funds to pay for further development of its spacecraft, as well as its electric propulsion systems, mission design software and operations software, it said on Feb. 7. The startup also plans...

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