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Image: Radian Aerospace
Radian Aerospace is planning to build what some have described as one of the holy grails of spaceflight, a single-stage-to-orbit vehicle that is capable of taking off from a traditional runway and flying into space without the need for massive rockets.
Progress toward the initiative was shared today via a press release, which confirms that Radian has successfully received $27.5 million in seed funding from Fine Structure Ventures. Radian’s dream of a spaceplane is also being fueled by investments from a long list of additional parties that include EXOR, The Venture Collective, and Helios Capital.
“Radian has operated in stealth mode focusing on the design and initial development of a revolutionary aerospace vehicle that will fill the efficiency and capability gaps that exist with traditional vertical rockets,” Radian explained in its...
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