$30m investment in AI-powered solutions for SST

Slingshot Aerospace have announced a commitment of $30m in growth capital from Trinity Capital Ltd, to develop AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation.  This will allow Slingshot to continue to scale their operations and fund growth. 

“As space becomes more crowded, platforms like Slingshot are becoming increasingly vital to conducting in-orbit operations,” said Ryan Thompson, Managing Director, Tech Lending at Trinity. “We are thrilled to partner with the team at Slingshot, whose innovative technology, data, and insights strive to make space safer and more secure.”