Virtuix offers a specialized treadmill that allows players to walk, run and jump when playing VR games or engaging in other virtual reality experiences.
DailyTrib.com Support Community Press You can show your support of a vibrant and healthy free press by becoming a voluntary subscriber. Subscribe Now Plains, Texas, racer Mary Kay Ragan steers her soapbox car during the 2019 Marble Falls Soapbox Classic. Ragan is organizing a new Downtown Soapbox Derby after organizers from the previous event were denied permits by the city last year. Courtesy photo
Permits for a new soapbox derby were recently approved by the city of Marble Falls, paving the way for races Oct. 30-31. Although the event has faced some local controversy, nine racers have already committed to participating.
Austin has gained another tech unicorn this time, in the space industry.
On Tuesday, Firefly Aerospace announced it raised $75 million through a Series A round and closed a $100 million secondary transaction. The two deals mean that the Cedar Park-based aerospace company, which develops small and medium-sized launch vehicles, spacecraft and in-space services, is now valued at more than $1 billion.
The Series A round was led by DADA Holdings. Canon Ball LLC, Astera Institute, SMS Capital Investment LLC, Raven One Ventures, Reuben Brothers Limited, the XBTO Ventures and other investors also participated in this round. The remaining funding comes from seed investor Noosphere Ventures selling approximately $100 million of its Firefly equity holdings to some of the Series A participants and other investors, according to a news release.
Firefly Aerospace raises $75M, preps for first rocket launch - Austin Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.