Ukrainian startup Promin Aerospace, which is developing a rocket, has received pre-orders for $6.5 million
The rocket is expected to be cheaper than its analogs
Ukrainian space startup Promin Aerospace has received $6.5 million in pre-orders for future services.
Source. The co-founder and CEO of the startup, Mykhailo Rudominsky, told dev.ua.
According to him, the team received letters of interest in their services at the end of 2022. There were several different organizations, including the Public University of Aberdeen Scotland and private space companies.
The Promin Aerospace team is developing a rocket that should be several times cheaper than its analogs. It has no stages during the flight when the spent (burned-out) element separates and another one starts to burn.
According to the founders of the startup, the Promin Aerospace rocket "burns out" gradually throughout the flight. This approach significantly saves money.
Mr. Rudominsky has not yet named the date when the first rocket launch will take place. He noted that small flight tests may take place this year.
In 2021, it became known that Promin Aerospace had raised $500,000 in a pre-seed round from the QPDigital venture fund to build the smallest orbital rocket in history.
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