ATMOS raises 25.7M to make orbital return routine
Briefly

ATMOS raises 25.7M to make orbital return routine
"The PHOENIX 1 mission, the first private orbital return mission by a European company, validated the Inflatable Atmospheric Decelerator (IAD) technology at the heart of the PHOENIX system, enabling controlled atmospheric re-entry without ablative materials."
"PHOENIX 2 is a free-flying spacecraft with integrated propulsion, power, and thermal management, capable of mission durations from hours to several months in Low Earth Orbit, with a payload capacity of 100 kilograms."
ATMOS Space Cargo has closed a €25.7 million Series A funding round to transition from demonstration to operational phases. The funding will support the development of three PHOENIX 2 vehicles and a next-generation 1-tonne capsule. The company, based in Germany and France, previously validated its re-entry technology with the PHOENIX 1 capsule. The PHOENIX 2 is designed for missions in Low Earth Orbit, with a payload capacity of 100 kilograms, and will be operated in a phased mission campaign.
Read at TNW | Space
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