Press Release – Astrix Astronautics AUCKLAND, New Zealand, April 21, 2021 – Astrix Astronautics, a startup developing high-performance power systems for small spacecraft, has raised $500,000 in a pre-seed funding round led by Outset Ventures (formerly LevelTwo Ventures), with support from …
AUCKLAND, New Zealand, April 21, 2021 – Astrix Astronautics, a startup developing high-performance power systems for small spacecraft, has raised $500,000 in a pre-seed funding round led by Outset Ventures (formerly LevelTwo Ventures), with support from Icehouse Ventures, Sir Stephen Tindall’s K1W1 and Rocket Lab.
Founded by University of Auckland science and engineering students Fia Jones, alongside Will Hunter and Max Daniels, Astrix’ inflatable solar array technology combines power generation and storage into one structure, harnessing energy from the sun to provide an unparalleled level of power generation for small satellites.
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Astrix chief executive Fia Jones (centre) with tech board adviser Peter Beck and Outset Ventures chief executive Imche Fourie.
A start-up run by three 21-year-olds has scored $500,000 in investment to advance technology that could increase the capability of small satellites, and a free ride into space from Rocket Lab for a key trial. Fia Jones, Will Hunter and Max Daniels were studying at Auckland University when they decided to set up their own business, Astrix Astronautics, developing new lightweight solar arrays that they believe can more than double the power-to-weight ratios of those in use today, to 300 watts per kilogram.