A startup raised $40 million to build a catapult that sends rockets into orbit
$40 million
SpinLaunch raised $40 million, including from some major companies like Alphabet and Airbus, to build a catapult that hurls rockets into orbit.
Published | Photo by Reuters/Shamil Zhumatov
The machine gets a rocket spinning at up to 5,000 mph (8,000 km/h) and then releases it towards the sky.
One of the advantages of this kinetic launch system is that it eliminates the need for propellant fuels, saving money and allowing more space for cargo.
