Space logistics startup Impulse Space raised a $45M Series A funding round led by Raytheon Technologies' venture arm RTX Ventures. The startup will use the proceeds to further develop its two orbital transportation vehicles designed for last-mile payload delivery. The firm's first orbital mission, dubbed Leo Express-1, is scheduled to launch onboard the SpaceX Falcon 9 in Q4 later this year. Seed-round's lead investor Founders Fund participated in the current round, joined by other existing backers Lux Capital, Airbus Ventures, and Space Capital.
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