Louisville-based Sierra Space has launched a venture investment company

Louisville-based aerospace manufacturer Sierra Space Corp. this month launched Sierra Space Ventures, a venture capital arm.

The new division “will focus on companies working to make the next breakthroughs in human health, computing systems, telecommunications and clean energy that can be further accelerated through access to research facilities at Sierra Space in low Earth orbit (LEO),” the company said in a press release.

Matthew Mejía was appointed chief strategy and development officer to oversee Sierra Space Ventures.

“Sierra Space plays an important role in promoting humanity’s presence in space, and we hope to enable wider access to the vast potential space it offers,” Mejía said. said in the statement. “Through Sierra Space Ventures, we are able to provide potential innovators with access to our space and destination transportation infrastructure to launch their own research on LEO and help position them for success as they mature their capabilities and pursue their capital strategy.”

“As a fully integrated space business and space technology platform, our company has the unique ability to drive the commercial space economy,” said Sierra Space CEO Tom Vice. said in the release statement. “Sierra Space Ventures is the perfect complement to the pioneering work we do every day that will benefit humanity for decades and centuries to come. space as a new destination to explore and learn.

Sierra Space has two main aerospace projects: the Dream Chaser spacecraft, which is expected to be used to resupply the International Space Station starting next year; and Large Integrated Flexible Environments (LIFE), a modular three-tier commercial, commercial and scientific habitat platform.

News Summary:

• Louisville-based Sierra Space has launched a venture investment company
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