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Hot Topic Budget 25
Tech & Innovation
5 mins to read
4

Argo Navis Aerospace raises over $1m for first space test flight

The Kiwi space company is developing a next-generation rocket propulsion system.

The Argo Navis team and the K-200 launch vehicle.

Fiona Rotherham Thu, 02 Mar 2023

New Zealand space company Argo Navis has raised $1.07 million after the first close of a convertible note round led by existing backer WNT ventures, Alt Ventures, and the wider WNT investor group.

Auckland-based Argo Navis was founded in 2019 by former Rocket Lab staffer Malcolm Snowdon and is

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Fiona Rotherham Thu, 02 Mar 2023
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Argo Navis Malcolm Snowdon WNT Ventures Carl Jones space industry

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