MicroSpace open to angel, PE funding to commercialise nanosatellite technology: Giulio Manzoni

Singapore-based Microspace Rapid Pte Ltd, which is developing nanosatellites and has launched the nocturnal nanosatellite Athenoxat-1, is looking to raise up to $5 million from a clutch of angels and private equity players to commercialise its technology, as interest in the nanosatellite segment of the space industry grows, Giulio Manzoni, Microspace’s Managing Director said in an interaction.