Deep-space resource development startup Aureon Space Systems announced the completion of its angel round of funding via J-KISS stock acquisition rights. With a vision to 'create an era where resources are utilized throughout the solar system,' the company is developing a 'mass propulsion system' to transport asteroids to accessible locations and provide a stable supply of valuable resources. The funds raised will be used to accelerate technology verification, strengthen development structures, and expand their European and domestic networks.

FACT BOX

  • Source: PR TIMES
  • Category: funding
  • Organizations: SPACETIDE / ESRIC