XCOR Aerospace Receives $5,000,000 New Funding

  • Feed Type
  • Date
    2/27/2012
  • Company Name
    XCOR Aerospace
  • Mailing Address
    PO Box 1163 Mojave, CA 93502
  • Company Description
    Founded in 1999, XCOR Aerospace is a small, privately-held California C-Corporation. Our headquarters and development facilities are located at the Mojave Spaceport and Civilian Aerospace Test Center in Mojave, California. XCOR engages in research, development, and production of reusable rocket-powered, horizontal launch vehicles for suborbital, and ultimately, orbital travel.
  • Website
    http://www.xcor.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The round, combined with cash on hand plus anticipated and existing contracts, should fund the company through production of its Lynx Mark I Suborbital vehicle.
  • M&A Terms
  • Venture Investor
    Individual Investor
  • Venture Investor
    Undisclosed