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Space Forge's $30M Series A: Chips in Orbit
- Space Forge, a startup from Cardiff, has raised $30M to create semiconductor materials in space, aiming to overcome the limitations of silicon.
- The company plans to utilize space's unique conditions, like weightlessness, to produce defect-free crystals that can improve energy efficiency.
- Key partnerships include NATO Innovation Fund and Northrop Grumman, highlighting the dual-use potential for defense and quantum computing.
- Space Forge is developing innovative return technologies, like the 'Mary Poppins' method, to safely bring materials back to Earth.
- Despite challenges, the company is optimistic about its upcoming ForgeStar-1 launch, aiming to prove the benefits of space manufacturing.
Source: Tech Crunch
21d ago
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