Auriga Space reposted this
Portfolio Company Highlight: Auriga Space 🚀 Portfolio company Auriga Space just closed $6M to revolutionize how we get to orbit. Their secret weapon is electromagnetic launch tracks that shoot rockets at hypersonic speeds before they even ignite. CEO Winnie Lai puts it starkly about the current inefficiency. "Less than 2% of the mass of the rocket is what gets into space." That inefficiency isn't just expensive—it's a fundamental constraint on how often and how affordably we can access orbit. Auriga's answer is electromagnetic launch tracks that accelerate small rockets to hypersonic speeds before they even leave the ground. Think maglev train meets rail gun, launching payloads at over six times the speed of sound. The rocket only fires its engine for the final orbital insertion—dramatically reducing propellant needs while making the entire ground infrastructure rapidly reusable. Here's what excites us most—they're not just building the future of orbital launch. They're commercializing their technology today with hypersonic ground testing infrastructure—addressing a critical gap in our national defense capabilities while building revenue and proving their core technology. ⚡ This is exactly the kind of dual-use innovation that strengthens both economic competitiveness and national security. Bold technical vision, pragmatic go-to-market execution, and a clear path to solving real problems that customers will pay for today. When Winnie says "We call an Uber, and we expect the Uber to show up in a matter of minutes. I think that should be the case for space as well," she's not just describing a product roadmap—she's describing a future where space access becomes as routine as ordering rideshare. 🛰️ That's a future worth building. Congratulations to Winnie and the entire Auriga team on this milestone. 🎉 https://ow.ly/cbuM50WsJMk Jeremy Hitchcock Stephanie Usry Bellistri Don Dodge #NewNorthVentures #SpaceTech #HypersonicTesting #DualUse #ResponsiveLaunch