ExLabs Receives $1.9M Tactical Funding Increase

ExLabs
Autonomous Capture & Acquisition Robot (ACQR)

ExLabs, a Long Beach, CA-based space exploration company, raised $1.9M Tactical Funding Increase.

This funding combined with private investment, will help accelerate further development of the company’s Autonomous Capture & Acquisition Robot (ACQR) system.

Led by CEO Matthew Schmidgall, ExLabs, is a space exploration company that is developing scale spacecraft for utility and capture capabilities. Its Autonomous Capture & Acquisition Robot (ACQR) system aims to provide a versatile solution for capturing and controlling non-cooperative objects. The ACQR system will be integral to future missions, enabling autonomous capture operations and ensuring secure control over mission-critical objects in space.

FinSMEs

24/06/2024