French Launch Startup Latitude Closes $30M Series B angielski

Latitude announced on 22 January that it had closed a $30 million (€27.5 million) Series B funding round to support the development of its Zephyr launch vehicle.

Zephyr is a two-stage rocket that is designed to deploy payloads of up to 100 kilograms into low Earth orbit. The company has, however, recently announced that it is already working on an upgraded version of the vehicle that will be capable of doubling its initial payload capacity. The maiden flight of Zephyr is expected to be launched in 2025, with the first flight of the upgraded variant targeted for 2028.