Northrop Grumman Corp. and Lockheed Martin Corp. have invested in a spacecraft refueling startup, deepening the aerospace industry’s investment in space-based services.
The military and aerospace contractors joined a more than $10 million financing round for San Francisco-based Orbit Fab Inc., which plans to launch two refueling shuttles as early as next year, said Orbit co-founder Jeremy Schiel. The companies declined to disclose the amounts. Orbit Fab said it has now raised $17 million in funding.
