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NanoRacks Raises Funds to Accelerate ISS Commercial Airlock Module Production

NanoRacks Raises Funds to Accelerate ISS Commercial Airlock Module Production - top government contractors - best government contracting event

NanoRacks Raises Funds to Accelerate ISS Commercial Airlock Module Production - top government contractors - best government contracting eventNanoRacks has wrapped up a bridge round of investments that will support the company’s efforts to produce an airlock technology designed for the International Space Station.

New York-based financial services company Space Angels led the funding round to help expedite the production of Commercial Airlock Module, NanoRacks said Tuesday.

NASA and NanoRacks signed a Space Act Agreement last year to integrate the private airlock module onto ISS.

NanoRacks will also collaborate with Boeing to fabricate and install the airlock’s passive common berthing mechanism under a partnership agreement announced in February.

The airlock is designed to help increase U.S.’ capacity to deploy small satellites, payloads and other equipment via the space station.

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Written by Scott Nicholas

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