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Space Technology·None

Orbit Fab Names New CEO

1 source · first reported 3h ago

via Govconwire

Orbit Fab has appointed Peter Shaper as CEO and added new board members as the company launches its Series B funding round. The company has secured over $25 million in interim financing. Shaper will lead the company's shift from technology development to commercial operations.

Why it matters

Orbit Fab's new leadership and funding round may impact the company's ability to develop and commercialize its technology, potentially influencing the defense industry. The company's shift to commercial operations could lead to innovative solutions for defense applications.

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Independent Media 1
Single-source: Independent Media

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