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Starfighters Space Advances STARLAUNCH
Program and Commercial Space Development
Through Strategic $17.5 Million
Investment
Starfighters Space,
Inc. announced a $17.5 million
strategic equity investment led by
global institutional investors.
The Company intends
to use the capital to support
operational expansion, infrastructure
development, and continued advancement
of its STARLAUNCH platform, including
initiatives tied to launch readiness,
mission execution capabilities, and
broader space launch operations.
The financing
represents a strategic milestone in the
Company’s transition as it prepares to
mature from operational capability
development toward scaled commercial
execution across multiple space-access
markets.
“This financing
represents a strong endorsement of our
platform and long-term strategy,” said
Tim Franta, Chief Executive Officer of
Starfighters Space. “With the STARLAUNCH
platform defining our path to space,
this capital allows us to accelerate
execution, expand operational
capabilities, and position the Company
to meet growing commercial demand for
responsive space access.”
Since completing
its IPO in December 2025, the Company
has differentiated itself in the
emerging market for flexible,
high-cadence space access. Recent
completion of wind tunnel testing for
STARLAUNCH I validated key system
dynamics and reduced technical risk,
enabling progression toward flight
testing and near-term commercial mission
activity.
Operating from
NASA’s Kennedy Space Center in Florida,
Starfighters Space is advancing a
distinct space platform through its
reusable, supersonic aircraft-based
launch architecture. With a disciplined
development roadmap, the Company is
building towards a scalable commercial
platform for satellite deployment,
microgravity missions, defense
applications, and space testing.
Near-term
milestones include continued STARLAUNCH
I mission activity and procurement
scaling, alongside STARLAUNCH II
development with a targeted space
demonstration flight timeline over the
next 18 to 24 months, subject to
regulatory approvals and program
execution.
The definitive
securities purchase agreement with the
institutional investors provides for the
issuance and sale of the Company’s
securities in exchange for an
approximately $17.5 million equity
investment. The transaction is expected
to close on or about May 27, 2026,
subject to customary closing conditions.
Cantor is serving
as exclusive placement agent. DLA Piper
LLP (US) is serving as legal advisor to
Cantor. McMillan LLP is serving as legal
advisor to Starfighters Space.
The securities to
be sold in the private placement have
not been registered under the Securities
Act of 1933, as amended (the “Securities
Act”), or applicable state securities
laws, and may not be offered or sold in
the United States absent registration or
an applicable exemption from such
registration requirements. The Company
has agreed to file a registration
statement with the U.S. Securities and
Exchange Commission (“SEC”) registering
the resale of the shares of common stock
issued in the private placement.
This press release
shall not constitute an offer to sell or
the solicitation of an offer to buy any
securities described herein, nor shall
there be any sale of these securities in
any state or jurisdiction in which such
offer, solicitation, or sale would be
unlawful prior to registration or
qualification under the securities laws
of any such state or jurisdiction.
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