Dawn Aerospace receives an IQCapital investment from InnovationQuarter. The New Space company is developing a reusable spaceplane for satellite launches as well as propulsion systems powered by non-toxic gasses. Their spaceplane will fly autonomously, entering space several times a day for sustainable, flexible and cost-effective launches of small satellites.
A couple of months of development have paid off with our first from-scrach engine completing qualification testing. To date we have conducted over 50 burns without having to overhaul or conduct any maintenance.