New Frontier Aerospace, a Tukwila, WA-based developer of advanced aerospace technologies, raised an undisclosed amount in Seed funding.
Pacific Bays Capital, a Tokyo-based investment fund focused on the aerospace, space, green agriculture and energy sectors, made the investment.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Bill Bruner, New Frontier Aerospace is a technology company developing advanced propulsion systems to power multiple products, including net carbon negative hypersonic aircraft for civil, commercial, and defense customers. Its solutions aim to improve global air and space transportation, and to create new possibilities for aerospace applications.
