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Business/Financial

Lockheed Martin Invests In Space Engine Company Agile Space Industries

By Cal Biesecker

Monday, June 26th, 2023

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Lockheed Martin Invests In Space Engine Company Agile Space Industries

Agile Space Industries' A110 bipropellant thruster. Photo: Agile Space

Agile Space Industries last Friday said it has completed a $13 million investment round that included Lockheed Martin Ventures to help the small space engine company with its expansion plans. The funding round was led by Caruso Ventures and also included Greater Colorado Venture Fund, CORI Innovation Fund and Greenline Ventures. Lockheed Martin Ventures is the venture capital arm of Lockheed Martin [LMT]. So far, Agile Space has raised more than $18 million in seed funding. Agile Space, which is…

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