Latitude (company)

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Latitude (formerly Venture Orbital Systems) is a French rocket manufacturing company developing the Zephyr rocket.

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Background

The company was founded in 2020 and is located in Reims. In June 2022 it had closed a €10 million Series A funding. [1] In January 2024, the company has raised $30 million for producing it's rockets. [2] [3] In June 2024, Latitude has been awarded €15 million by the French government. [4] It inaugurated its micro-launcher factory in Reims on 19 October 2021. [5] A micro-launcher named Zephyr is currently under development. Its first flight is scheduled for the end of 2025. [6]

References

  1. ↑ Parsonson, Andrew (June 29, 2022). "Venture Orbital closes €10M Series A and gets a new name".
  2. ↑ Foust, Jeff (January 23, 2024). "Latitude raises $30 million for small launch vehicle development".
  3. ↑ Alamalhodaei, Aria (January 23, 2024). "French small launch startup Latitude closes $30M Series B".
  4. ↑ Parsonson, Andrew (June 25, 2024). "Latitude Awarded €15M in New France 2030 Funding".
  5. ↑ Chrétien, Daniel. "Latitude, le SpaceX français ?". Futura.
  6. ↑ "La startup Latitude lancera sa 1ère mini-fusée en 2025". GIFAS.
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