Sierra Space Receives $1.4 Billion Series A Funding
Sierra has appeared to be an underdog in its efforts to secure past NASA contracts. In 2014, it was passed over for a chance to fly personnel for the agency, and rebuffed upon appeal. After securing a contract to fly cargo and supplies to the ISS, things began looking up for a time. Now, 5 years on and $1 billion spent, the spacecraft still has not flown a mission. With delays in Boeing's commercial spacecraft, Sierra could exploit a gap in mission coverage by taking up cancelled or delayed operations. Sierra Space announced a successful Series A Funding round that is hoped to get the Dream Chaser off the ground with $1.4 billion in investments.
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