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Midland Texas based AST & Science is raising $50,000,000.00 in New Equity Investment.

Midland Texas based AST & Science is raising $50,000,000.00 in New Equity Investment.

November 11, 2019 Craig Etkin

Midland, TX – According to filings with the U.S. Securities and Exchange Commission, AST & Science is raising $50,000,000.00 in new funding. Sources indicate as part of senior management Chief Operating Officer, Thomas Severson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About AST & Science

Avellan Space Technology & Science (AST & Science) is dramatically transforming how satellites will be designed, built and launched, affording commercial entities significant advantages, such as accelerated launch times, significantly lower costs and a level of resiliency and reach never previously possible.

To learn more about AST & Science, visit http://www.ast-science.com/

Contact:
Thomas Severson, Chief Operating Officer
432-276-3966
tseverson@ast-science.com
https://www.linkedin.com/in/tom-severson-a129a451/

SOURCE: http://www.intelligence360.io
Copyright (c) 2019 SI360 Inc. All rights reserved


Venture Capital
AST & Science, Midland, Texas, Venture Capital

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