XCOR Aerospace Lands $14,200,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b82f12f3-b25c-49e5-80df-3ae8ecd6ffa4
Date
5/27/2014
Company Name
XCOR Aerospace
Mailing Address
PO Box 1163 Mojave, CA 93502 USA
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
$14,200,000
Transaction Round
Series B
Proceeds Purposes
The company intends to use the funds to bring the XCOR Lynx\ suborbital spaceplane to market.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor