Latitude (company) explained

Latitude (formerly Venture Orbital Systems) is a French rocket manufacturing company developing the Zephyr rocket.

Background

The company was founded in 2020 and is located in Reims.In June 2022 it had closed a €10 million Series A funding.[1] In January 2024, the company has raised $30 million for producing it's rockets.[2] [3] In June 2024, Latitude has been awarded €15 million by the French government.[4] It inaugurated its micro-launcher factory in Reims on 19 October 2021.[5] A micro-launcher named Zephyr is currently under development. Its first flight is scheduled for the end of 2025.[6]

External links

Notes and References

  1. Web site: Venture Orbital closes €10M Series A and gets a new name. Andrew. Parsonson. June 29, 2022.
  2. Web site: Latitude raises $30 million for small launch vehicle development. Jeff. Foust. January 23, 2024.
  3. Web site: French small launch startup Latitude closes $30M Series B. Aria. Alamalhodaei. January 23, 2024.
  4. Web site: Latitude Awarded €15M in New France 2030 Funding. Andrew. Parsonson. June 25, 2024.
  5. Web site: Latitude, le SpaceX français ?. Daniel. Chrétien. Futura.
  6. Web site: La startup Latitude lancera sa 1ère mini-fusée en 2025. GIFAS.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Latitude (company)".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2025, A B Cryer, All Rights Reserved. Cookie policy.