Rocket gas expertise startup Firehawk Aerospace has added $1.2 million to its current seed financing, bringing the total quantity invested within the spherical to $2.5 million. The new tranche comes from Harlow Capital Management, a Dallas-based agency run by Colby Harlow, who will be part of Firehawk’s board of administrators as a part of the deal.
Firewhawk, which was a finalist in our first-ever all-virtual Startup Battlefield at TC Disrupt final September, has developed a brand new type of hybrid rocket gas that tremendously enhances rocket launch security, value and transportation utilizing additive manufacturing (mainly, the grown-up model of 3D printing). Hybrid rocket gas (which mixes elements of each liquid and strong propellants used beforehand) isn’t new, however previous expertise has been unable to compete on value and efficacy relative to current nonhybrid options.
The startup’s Chief Scientist Ron Jones was in a position to get round these limitations with two new approaches: Using a gas with a tough polymer construction and producing it utilizing additive manufacturing as a substitute of casting through molds with a liquid that hardens.
Firehawk Aerospace goals to revolutionize rocketry with protected, cost-effective hybrid engines
Firehawk now intends to make use of its seed funding to check its expertise in operational circumstances and on the type of scale required for commercialization, and to construct out its partnerships and shopper listing. The startup additionally intends to develop its R&D and manufacturing operations in each Texas and Oklahoma.