Fundraising FoxLeo Aerospace
DefunctTechstars '19Gardena, US · 2 known investors
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Leo Aerospace developed a reusable high-altitude balloon ("rockoon") system to launch small rockets carrying CubeSats, aiming to offer dedicated small-satellite launch services.
Investors · 2
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. Air ForceAir Force | Phase I | 2019 | $50K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Leo Aerospace do?
- Leo Aerospace developed a reusable high-altitude balloon ("rockoon") system to launch small rockets carrying CubeSats, aiming to offer dedicated small-satellite launch services.
- Who are Leo Aerospace's investors?
- Leo Aerospace's investors include Plug and Play Ventures, Techstars.
- Where is Leo Aerospace headquartered?
- Leo Aerospace is headquartered in Gardena, US.