SpinLaunch is a California-based space company intending to launch rockets using a kinetic system that accelerates them to extreme speeds before firing engines. Founded in 2014, it secured over $150 million, built and tested a prototype in New Mexico, achieving notable altitudes. However, by late 2022, SpinLaunch's activities dwindled, leading to speculation about funding or technical issues, especially after the CEO transition from Jonathan Yaney to David Wrenn. Wrenn promised to outline the company's strategy, but details remain sparse nearly a year later.
The company aims to build a kinetic launch system that spins a rocket around at speeds up to 4,700 mph before sending it upward toward space.
SpinLaunch raised more than $150 million and built a prototype accelerator in New Mexico, performing a series of flight tests that reached tens of thousands of feet.
By the end of 2022, SpinLaunch went quiet, leaving questions about funding, technical issues, or the implications of its CEO’s unexpected replacement.
New CEO David Wrenn expressed confidence in executing the company's mission but has yet to clarify the near- and long-term strategy.
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