Fenix Space Inc developed system uses winged booster - towed by commercial aircraft - to launch rocket at high altitude, offering cost-efficient, reusable, and on-demand access to space for commercial, defense, and scientific customers. An offshoot of Kelly Space & Technology, management are developing an air-launch platform consisting of winged booster towed by aircraft to high altitude before releasing rocket for orbital launch. Cost Efficiency and Reusability: sstem aims to reduce costs and increase efficiency by utilizing reusable parts and providing flexible launch options without traditional launch windows. Applications: Technology designed for various applications, including delivering commercial payloads to orbit, supporting defense missions, enabling hypersonic testing, and scientific research. Firm serves U.S. DOD, NASA, and the Air Force Research Lab. l Airport, - formerly Norton Air Force Base. Funding: The company recently closed a $30 million Series A funding round in September 2025. How innovation propels three entrepreneurial businesses Nov 14, 2024 Jason Lee agrees. As CEO of Fenix Space, Lee leads a team of engineers and technicians seeking to change the trajector... San Bernardino County (.gov) Fenix Space 2025 Company Profile: Valuation, Funding & Investors Deal Type 9. Later Stage VC (Series A) Date 17-Sep-2025. Amount $30M. Status In Progress. Stage Generating Revenue. Deal Type. Lat... PitchBook Alaska Capital Announces $30 Million Investment in Fenix Space Inc ... Sep 17, 2025 Alaska Capital Announces $30 Million Investment in Fenix Space Inc. to Advance Next-Generation Launch Capabilities. CBS 42 Show a