SpinLaunch, a pioneer of disruptive space solutions including massive centrifugal launch devices, has closed $30 million in funding to accelerate the development and commercialization of Meridian Space, a planned network of satellites orbiting close to Earth for low-latency internet.

The funding includes new investment from existing investors, including lead investor ATW Partners, as well as the previously announced strategic investment from Kongsberg Defence & Aerospace.

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